// Incoterms

If you’re a buyer, understanding DDU and how it impacts your responsibilities is important. In this guide, we’ll explain what DDU means, how it works, and how it affects you as a buyer importing goods.

A Forwarder’s Cargo Receipt (FCR) is basically a piece of paper from your freight forwarder that says they’ve received your goods and are ready to ship them. It’s like a receipt you get when you order something online, except it’s for big shipments moving across borders.

Delivered at Terminal (DAT) means the seller is responsible for delivering goods to a named terminal at the buyer’s destination. This can be a port, airport, or warehouse. The seller handles all the transportation costs and risks up to that point, including unloading the goods.Once the goods are unloaded at the terminal, the buyer takes over.

Delivered At Place (DAP) is a shipping term under Incoterms® 2020 that defines the seller’s responsibility to deliver goods to a named destination, ready for unloading. The seller is accountable for all risks and costs associated with transporting the goods to that location, but not for unloading. This term can be used across all modes of transport.

Free Alongside Ship (FAS) is an Incoterm that places specific responsibilities on both the seller and the buyer in a shipping transaction. Under FAS, the seller delivers the goods to a designated port and places them alongside the buyer’s vessel. This means the seller’s responsibility ends once the goods are alongside the ship

Incoterms are shortened for International Commercial Terms, Such as EXW, FOB, CIF, and others define the responsibilities of buyers and sellers in the shipping process, ensuring that both parties understand who is responsible for transportation, costs, and risks at various stages.