Port of shipment on board (FREE ON BOARD.... ...Named port of shipment, abbreviation FOB) port of shipment on board is a traditional common international trade terms, in the use of this trade term, the seller needs to be in the contract at the port of loading and in the specified time, the goods will be handed over to the buyer's designated ship, in order to fulfill its delivery obligations. The buyer and seller of the costs and risks associated with the goods are bounded by the ship's rail, and the goods are loaded at the port of shipment to cross the ship's rail before the risks and costs borne by the seller, cross the ship's rail after the transfer of the buyer, the buyer to bear.
The conditions of delivery on board at the port of shipment require the seller to be responsible for export clearance procedures, including the application for an export license, customs clearance and payment of export duties.
Cost plus freight (CFR), cost plus insurance and freight (CIF) the seller is responsible for signing the contract of carriage of the goods to the destination and pay the freight charges, but the risk of the goods are in the exporting country of the delivery point by the seller transferred to the buyer, the goods in transit are the risk borne by the buyer, and, therefore, all belong to the contract of carriage (SHIPPMENT CONTRACT) and do not belong to the arrival of the contract. Therefore, all belong to the shipment contract (SHIPPMENT CONTRACT) and does not belong to the arrival contract (ARRIVAL CONTRACT).
Group C terminology and group F terminology are shipping contracts,
Two, what are the international trade freight mode
In international trade, the delivery of import and export commodities through a variety of modes of transportation to complete. Types of transportation include:
1, ocean transportation
Short for sea transportation, it is the use of cargo ships at home and abroad between ports through certain routes and navigation areas for the transportation of goods in a mode of transportation.
2, railroad transport
Railway transport can be divided into international railroad freight transport and domestic railroad freight transport two kinds:
1) international railroad freight transport
Wherever the use of a unified international intermodal transport bill, with the railroad is responsible for the entire delivery of the railroads of the two countries or more than two countries, and the handover of the goods by the railroads of one country to the other country, without the need for Consignor and consignee to participate in this transportation is known as the international railroad freight transport. Such as in recent years, from China's Lianyungang to Rotterdam, the Netherlands, the new Asian-European Continental Bridge of the international railroad intermodal transport business.
2) domestic railroad intermodal transport
Domestic railroad transportation refers to only within the scope of the country in accordance with the provisions of the "Domestic Railroad Cargo Transportation Regulations" for the carriage of goods. China's export goods by rail to the port loading and imported goods unloaded after the ship by rail to all parts of the scope of domestic railroad transportation.
3, air transport
The main mode of transportation:
1) flight transport
2) chartered transport
3) centralized consignment
4, parcel transport
Parcel transport procedures are simple, the cost is not too high, but the volume of transport is limited, so it is only applicable to the transportation of light and small volume of goods.
International parcel transport with international multimodal transport and "door-to-door" nature of transport, China and many countries signed a postal transport agreements and parcel agreements for the development of China's foreign trade goods parcel transport provides favorable conditions.
5, international multimodal transport
is in the container transport on the basis of the emergence and development of a comprehensive mode of coherent transportation, it is generally to the container as a medium, the sea, land, air, a variety of traditional single mode of transportation organically combined, composed of a kind of coherent transportation between the international community.
It is the process of international trade must be strictly adhered to, any violation of the terms of the international freight will be penalized, so we understand the detailed terms of the international freight is a must, not only in order to engage in trade, to ensure that the interests of not be damaged, but also in order to ensure that in the process of international trade in the process of their own does not violate the provisions of the law.