DES Incoterms 2020: Meaning & Explanation
This page is designed to provide a basic level of understanding of Incoterms ® 2020 Rules published by the International Chamber of Commerce (ICC)
Incoterms 2020
EXW Ex Arbeite FCA Frei Träger FAS Frei Längsseite Schiff FOB Free on Board CFR Preis und Fracht CIF Kosten, Versicherung und Fracht CIP Fracht und Versicherung bezahlt DAP Geliefert am Ort DPU Delivered Named Place Unloaded DDP Geliefert verzolltIncoterms 2010
DAT Geliefert am TerminalDES - Delivered Ex Ship (named port of destination)
The meaning of it is that the delivery is completed for the supplier when the goods are delivered to the recipient at the indicated port of destination. Supplier must pay all export duties and costs for the delivery of the goods to the specified destination. DES is intended only for transporting goods by sea or inland waterway. Supplier pays export duty, packaging the goods and transportation of the cargo to the port, loads the goods on board, hires and pays the ship, engages in unloading from a ship. Recipient insures the goods at will, arranges last mile delivery, pays import duty, relevant certificates, licenses, etc. and unloads a vehicle on spot. DES is designed to transport goods in bulk or in containers, and also for transportation of heavy equipment.
Who covers the logistics charges?
Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller.
