CH 6 - Chapter 6 Chapter 6 Transportation and Logistics 1....

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Unformatted text preview: Chapter 6 Chapter 6 Transportation and Logistics 1. Introduction 2. Logistics and Lex Mercatoria 2.1 Transportation and logistics Ex works Inland carrier Cargo terminal Export clearance Offloading and alongside Alongside and loading at sea Import clearance Cargo terminal Inland carrier Delivery to buy 2.2 Lex Mercatoria 2.3 ICC  INCOTERMS terms of trade  Documentary credits  The ICC Court of Arbitration 3. Terms of Trade and INCOTERMS 3.1 INCOTERMS 3.2 Terms of INCOTERMS  Ex Works: EXW  F-Terms: FAC,FAS,FOB  C-Terms: CFR,CIF,CPT,CIP  D-Terms: DAF,DES,DEQ,DDU,DDP ** INCOTERMS place increasing responsibilities on the seller, and should the seller be willing to accept those responsibilities, the seller must adjust its price accordingly. 4. INCOTERMS and Issues of Risk and Title 4.1 Passage of risk and passage of title  Passage of risk: INCOTERMS EXW: Goods available on the factory FCA: Into custody of maritime carrier FAS,CPT,CIP: Goods alongside ship (port of exit) FOB,CFR,CIF: Goods over ship’s rail DAF: Documentation and export clearance DES,DDU: Arrival of ship in port of destination 5. Carriage of Goods by Sea 5.1 Terms  Booking note is the contract of carriage....
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This note was uploaded on 05/11/2010 for the course BUSINESS S 390 taught by Professor Terryryan during the Summer '10 term at Winthrop.

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CH 6 - Chapter 6 Chapter 6 Transportation and Logistics 1....

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