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CSCP-Mod 5-Forward & Reverse Logistics > Freight Cost Insurance Responsibilities > Flashcards

Freight Cost Insurance Responsibilities Flashcards

Which party is responsible under given shipping method

1
Q

EXW

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Ex Works:

  1. Export Packing - Seller
  2. Export Clearance - Buyer
  3. Inland Transport (Domestic) - Buyer
  4. Forwarder’s Fee - Buyer
  5. Loading on Vessle - Buyer
  6. Ocean/Air Freight - Buyer
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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2
Q

FCA

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Free Carrier:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Buyer/Seller
  4. Forwarder’s Fee - Buyer
  5. Loading on Vessle - Buyer
  6. Ocean/Air Freight - Buyer
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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3
Q

CPT

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Carriage Paid To:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Seller
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Seller
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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4
Q

CIP

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Carriage and Insurance Paid To:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Seller
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Seller
  7. Cargo Insurance - Seller
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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5
Q

DPU

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Delivered at Place Unloaded:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Seller
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Seller
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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6
Q

DAP

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Delivered at Place:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Seller
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Seller
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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7
Q

DDP

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Delivered Duty Paid:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Seller
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Seller
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Seller
  9. Delivery to Destination - Seller
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8
Q

FOB

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Free on Board:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Buyer
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Buyer
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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9
Q

FAS

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Free Alongside Ship:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Buyer
  5. Loading on Vessle - Buyer
  6. Ocean/Air Freight - Buyer
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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10
Q

CFR

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Cost and Freight:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Seller
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Seller
  7. Cargo Insurance - *
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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11
Q

CIF

  1. Export Packing
  2. Export Clearance
  3. Inland Transport (Domestic)
  4. Forwarder’s Fee
  5. Loading on Vessle
  6. Ocean/Air Freight
  7. Cargo Insurance
  8. Duties Taxes Custom Clearance
  9. Delivery to Destination
A

For Cost, Insurance and Freight:

  1. Export Packing - Seller
  2. Export Clearance - Seller
  3. Inland Transport (Domestic) - Seller
  4. Forwarder’s Fee - Seller
  5. Loading on Vessle - Seller
  6. Ocean/Air Freight - Seller
  7. Cargo Insurance - Seller
  8. Duties Taxes Custom Clearance - Buyer
  9. Delivery to Destination - Buyer
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CSCP-Mod 5-Forward & Reverse Logistics (2 decks)

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