DAT (Delivered at Terminal)

Incoterms, also known as international commercial terms, are set to eliminate or decrease confusions and conflicts between buyers and sellers in international trade and to facilitate the trade and commerce process globally. Incoterms were created by the International Chamber of Commerce (ICC) in 1936 and since then, they are updated on a regular basis to suit changing trade trends.
EXWFCACPTCIPDAPDPUDDPFASFOBCFRCIF
Free CarrierCarriage Paid ToCarriage Insurance Paid ToDelivered at PlaceDelivered at Place UnloadedDelivered Duty PaidFree Alongside ShipFree On BoardCost & FreightCost, Insurance & Freight
Charges/FeesEx Works
At a named place, the seller transfers the goods to the buyer; the buyer is responsible for all risks.1.) when seller loads goods to buyer’s carrier or 2.) when goods are at the buyer’s disposal & ready for unloading at a named placedwhen the goods are handed over to the seller’s nominated carrier at a named placewhen the goods are handed over to the seller’s nominated carrier at a named placewhen the goods are placed at the buyer’s disposal at a named place or agreed point within that placewhen the goods are delivered and unloaded at a named place or agreed point within that placewhen the goods are placed at the buyer’s disposal at a named place or agreed point within that placewhen goods are alongside the vessel nominated by the buyer at named portwhen goods are on board the vessel nominated by the buyer at named portwhen the goods are on board the vessel nominated by the seller at originwhen the goods are on board the vessel nominated by the seller at origin
Risks Transfer
Commercial InvoiceSellerSellerSellerSellerSellerSellerSellerSellerSellerSellerSeller
Packaging & QCSellerSellerSellerSellerSellerSellerSellerSellerSellerSellerSeller
Loading & DeliveryBuyerSellerSellerSellerSellerSellerSellerSellerSellerSellerSeller
Export Duty & TaxesBuyerSellerSellerSellerSellerSellerSellerSellerSellerSellerSeller
Origin Terminal HandlingBuyerBuyerSellerSellerSellerSellerSellerBuyerSellerSellerSeller
Cargo InsuranceNegotiableNegotiableNegotiableSellerNegotiableNegotiableNegotiableNegotiableNegotiableNegotiableSeller
Carriage ChargesBuyerBuyerSellerSellerSellerSellerSellerBuyerBuyerSellerSeller
Destination Terminal HandlingBuyerBuyerSellerSellerSellerSellerSellerBuyerBuyerBuyerBuyer
Delivery to DestinationBuyerBuyerSellerSellerSellerSellerSellerBuyerBuyerBuyerBuyer
Unloading at DestinationBuyerBuyerBuyerBuyerBuyerSellerBuyerBuyerBuyerBuyerBuyer
Import Duty & TaxesBuyerBuyerBuyerBuyerBuyerBuyerSellerBuyerBuyerBuyerBuyer
Incoterms 2020
DAT

DAT is an incoterm published by the International Chamber of Commerce, with the first version released in 1936 and the most recent edition published in January 2020. The term formerly known as Delivered at Terminal (DAT) is now known as Delivered at Place Unloaded (DPU) after the changes in Incoterms in 2020. The term DAT has been renamed to ‘Delivered at Place Unloaded’ in the most recent edition, although the seller and buyer’s duties are unchanged.

The terminal is the designated place of destination in Delivered At Terminal, and it plays an important role in the shipping process. The seller is responsible for the delivery of goods to the stated port in DAT, and the customer is responsible for any charges after that.

Both parties acknowledge the specified port at first. The seller is in charge of unloading goods at this port, while the buyer is responsible for the import process. The risk passes to the buyer after the seller unloads the cargo at the designated port.

Seller’s Responsibility Under DAT

  • Goods delivery
  • Packaging and marking
  • Transportation in the country of origin
  • Transportation in the destination country until the designated terminal
  • Customs handling fees at the country of origin
  • Charges in the country of origin and destination country
  • International Freight

Buyer’s Responsibility Under DAT

  • Goods payment
  • Customs handling fees in the destination country
  • Taxes and duties payment
  • Transportation from the terminal to the final destination

Cargo Insurance in DAT

Unlike CIP and CIF, the DAT Incoterm does not require either the buyer or the seller to provide shipping insurance.

Whether you’re a buyer or a seller, it’s always a good idea to purchase cargo insurance to protect your cargo.

Ensure that your insurance terms and conditions are properly stated in your sales contract while doing so.

Seller’s Responsibility Under DDP

  • Goods delivery
  • Packaging and marking
  • Transportation of goods in the country of origin
  • Transportation of goods to the agreed delivery point in the destination country
  • Customs charges and handling fees in the origin and destination countries
  • Additional charges and fees in the origin and destination countries
  • Duties and taxes payment
  • International freight

Buyer’s Responsibility Under DDP

  • Goods payment
  • Helping the seller in preparing any needed documents for export and import formalities

Cargo Insurance in DDP

Despite the fact that DDP does not need shipping insurance, most sellers prefer to provide insurance for the cargo.

This is due to the fact that sellers have far more responsibilities than buyers, and their responsibilities just end when the cargo is delivered to the buyer.

Insurance terms and conditions should always be included in the sales contract.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More