CIP: The seller pays for carriage and insurance until the goods reach the destination appointed by the buyer.
Understand the International Shipping Term Delivered Ex-Ship (DES)
A trade term that defines responsibilities for buyers and sellers in international shipping
Ex Works (EXW) is an international shipping agreement that puts the responsibility of transportation on the buyer once the seller makes the goods available.
A trade term that indicates seller's responsibility for the delivery of goods to a specified destination.
A guide to International Commercial Terms that make global trade as smooth as butter!
