Impara e scopri con Cogoport

Guides

Incoterms®: Cost, Insurance and Freight (Port)

Only sea and waterway shipments should use CIF Incoterm®. The seller transfers the shipment and all risks to the buyer as soon as the cargo is loaded aboard the ship.

Guides

Incoterms®: Carriage Paid To (Place)

CPT is similar to an FCA agreement in that it can be applied to all modes of transportation, but unlike an FCA agreement, the delivery destination is not predetermined.

Guides

Incoterms®: Carriage and Insurance Paid To

CIP can be applied to any transport mode or situations when there are several transport modes. The seller is in charge of organising transportation to the specified location as well as insurance for the items.

Guides

Incoterms: Delivered at Place Unloaded - Cogoport

The most recent Incoterm® as of now is DPU. Until the products have been delivered to the agreed-upon location and have been unloaded, the seller is responsible for all risks of loss or damage.

Guides

Incoterms®: Delivered at Place - Cogoport

The DAP Incoterm® can provide a brilliant solution if the buyer is buying things being imported into several nations, which might reduce the freight costs.

Guides

Incoterms®: Delivered Duty Paid - Cogoport

Under the DDP Incoterm®, when the seller has delivered the items - from the port to the door - the buyer is responsible for all risk and liability relating to those goods.

Expert Speak

The Automobile Industry Drives India’s Economy

The automobile industry in India accounts for 12 percent of the Gross Value Added (GVA) in the manufacturing sector. Recognized as a core sector, the auto industry contributes 49 percent to India’s manufacturing GDP, 7.5 percent to the GDP at large, and is responsible for 32 million jobs.

Expert Speak

Sustainability is the Key for Sourcing

As sustainability and conservation become ethical concerns, companies must keep in mind the social and environmental implications of their sourcing and supply chain strategies. Sustainable sourcing is essential to all industries.

Trade News

India restricts exports of flour and derivatives

After the ban on wheat in May, India now restricts flour exports and other derivatives. The central government (Centre) has now put restrictions on wheat exports and other related products like maida, semolina (rava), whole meal atta and resultant atta.