DPU (Delivered at Place Unloaded)
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.
EXW | FCA | CPT | CIP | DAP | DPU | DDP | FAS | FOB | CFR | CIF | |
Free Carrier | Carriage Paid To | Carriage Insurance Paid To | Delivered at Place | Delivered at Place Unloaded | Delivered Duty Paid | Free Alongside Ship | Free On Board | Cost & Freight | Cost, Insurance & Freight | ||
Charges/Fees | Ex 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 placed | when the goods are handed over to the seller’s nominated carrier at a named place | when the goods are handed over to the seller’s nominated carrier at a named place | when the goods are placed at the buyer’s disposal at a named place or agreed point within that place | when the goods are delivered and unloaded at a named place or agreed point within that place | when the goods are placed at the buyer’s disposal at a named place or agreed point within that place | when goods are alongside the vessel nominated by the buyer at named port | when goods are on board the vessel nominated by the buyer at named port | when the goods are on board the vessel nominated by the seller at origin | when the goods are on board the vessel nominated by the seller at origin | |
Risks Transfer | |||||||||||
Commercial Invoice | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Packaging & QC | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Loading & Delivery | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Export Duty & Taxes | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Origin Terminal Handling | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Buyer | Seller | Seller | Seller |
Cargo Insurance | Negotiable | Negotiable | Negotiable | Seller | Negotiable | Negotiable | Negotiable | Negotiable | Negotiable | Negotiable | Seller |
Carriage Charges | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Buyer | Buyer | Seller | Seller |
Destination Terminal Handling | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Buyer | Buyer | Buyer | Buyer |
Delivery to Destination | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Buyer | Buyer | Buyer | Buyer |
Unloading at Destination | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Buyer | Buyer | Buyer | Buyer | Buyer |
Import Duty & Taxes | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Buyer | Buyer | Buyer | Buyer |
Incoterms 2020 | |||||||||||
DPU
Seller’s Responsibility Under DPU
Buyer’s Responsibility Under DPU
DPU Vs. DAP ; What’s the Difference?
Cargo Insurance in DPU
Seller’s Responsibility Under DPU
Buyer’s Responsibility Under DPU
DPU Vs. DAP ; What’s the Difference?
Cargo Insurance in DPU