Comments on: Incoterms Definitions Part 1: EXW, FCA, FAS, FOB https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/ Freight Forwarding Company Fri, 06 May 2022 16:13:56 +0000 hourly 1 https://wordpress.org/?v=5.9.9 By: Wesley Jew https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178929 Thu, 15 Nov 2018 01:06:45 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178929 Gift, that covers everything in the F group. For a quick reference guide, you can download a copy here: https://cdn2.hubspot.net/hubfs/57382/Incoterms_2010.pdf

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By: Gift Ampaire https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178927 Thu, 15 Nov 2018 00:25:13 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178927 I was asked 4 inconterms in the F class,could there be more apart from FCA,FOB and FAS?

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By: Tomoaki Watanabe https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178856 Thu, 26 Jul 2018 06:36:06 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178856 Hi,

Is there anyone who is familiar with trading with Chinese ? Our cargoes are now on the way to Japan now. The arrival notice in our possession
shows FAF + YAS JPY55,200.- Our trade terms is CIF and I trust these chareges shall be born by shipper when it comes to CIF terms.
I am not quite sure if my understanding is correct or not. But at least I have been told by our forwarder that shipper should pay them in case
of CIF terms.

Chinese shipping companies seem to charge Japanese importers on purpose these fees. Appreciate kind advice from somebody.

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By: Shamkumar Dange https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178799 Wed, 07 Mar 2018 09:49:01 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178799 Can please any one explain regarding the trade term CPT

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By: Mary https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178741 Sat, 02 Dec 2017 10:59:51 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-178741 Hi,

What are the responsibilities of the consignee under FCA terms?

Thanks

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By: Hannah Swainston https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-87655 Tue, 28 Mar 2017 18:01:03 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-87655 In reply to romeo rogtao.

Hi Romeo,

It is the responsibility of the buyer to handle origin customs charges and other formalities.

Thanks,
Hannah

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By: Hannah Swainston https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-82701 Tue, 21 Mar 2017 23:00:41 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-82701 Hi Ashok,

Duty should be included in the EXW price, but only the seller can confirm these details.

Thanks,
Hannah

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By: Hannah Swainston https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-71231 Fri, 10 Mar 2017 16:44:22 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-71231 In reply to Selina L.

Hi Selina,

Yes, if you shipped EXW or FOB, you could still manage the shipment to your client’s warehouse.
The forwarder or broker could work with your customer directly for customs related issues and fees.

Thanks,
Hannah

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By: Selina L https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-54954 Fri, 24 Feb 2017 16:22:47 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-54954 Hello!

With my current company, we are based in the US, have a factory in China, and our client is in the US. Currently, we do not have Incoterms in place with our client. We have a 3PL and plan from factory door to our clients warehouse. We have been shipping under DDP as we initially pay all the fees associated (freight, tax, duty)because we previously quoted the shipping on the original PO to the client. Our 3PL suggests we should ship either EXW or FOB to maximize our profits.

If we were to ship via EXW or FOB, would we still be able to manage the shipment with our 3PL all the way through until delivery to the clients warehouse? Would our 3PL then just bill the client for the remainder of the fees we are not responsible for?

Thank you for your time!

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By: Hannah Engel https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-43383 Fri, 10 Feb 2017 19:04:44 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-43383 In reply to Melyssa.

Hi Melyssa,

I’m not familiar with that Incoterm. Please click here to view a list of current incoterms and their definitions.

Thanks!
Hannah

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By: Melyssa https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-42514 Thu, 09 Feb 2017 17:09:52 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-42514 Can anyone tell me what DSUR incoterm stands for?

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By: romeo rogtao https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-36257 Wed, 25 Jan 2017 04:51:14 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-36257 Goods morning sir

If terms Ex works- is it responsibility of shipper for handling origin custom Custom documentation and other formalities Dangerous goods handling procedure ?

.

t

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By: Dillip Kumar Agrawal https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-21071 Sat, 17 Dec 2016 16:52:41 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-21071 Hi ,

When the terms is exw , shipper won’t pay anything ,all the cost will be bear by consignee from shipper factory or shipper warehouse till destination .

When the terms fob , shipper is responsible for below

1- transport from his factory or warehouse to port

2- export custom clearance

3- terminal handling charges

4- documention

5- weighment of cargo

In fob terms consignee is responsible

1- ocean freight from port to port

2- destination charges till his warehouse

Hope the above is sufficient to clear your doubts , if any kindly advice , we will happy to assist.

Regards
Dillip Kumar Agrawal
Senior executives in logistics
Chennai – India

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By: Hannah Engel https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-10292 Tue, 25 Oct 2016 16:19:56 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-10292 In reply to Nerissa Añora.

Hi Nerissa! Our Incoterm Quick Reference Guide can help explain which charges will be paid by the shipper (seller) vs. the consignee (buyer). You can check it out here.

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By: Nerissa Añora https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-6328 Wed, 17 Aug 2016 01:44:37 +0000 https://www.universalcargo.com/incoterms-definitions-part-1-exw-fca-fas-fob/#comment-6328 Good Morning!

I may be slow in learning but once things are explained to me further I learn and does not depart from it:)

Under Exworks and FOB terms, what particular charges are paid by the Shipper and what would paid by the Consignee.

Needs your help.

Nerie

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