What does ddp mean
In shipping, CIF stands for Costs Insurance and Freight. DDP or DDP(U) stands for Delivered Duty Paid and Unpaid. The first refers to arranging the shipment and the other refers to the of cost of transporting the goods.
delivert duty paid
Definition of 'Delivered Duty Paid -A transaction in which the seller must pay for all of the costs related to transporting the goods and is responsible in full for the goods until they have been received and transferred to the buyer. This includes paying for the shipping, the duties and any other expenses incurred while shipping the goods.
it means to take care of the shipping and respect the terms
I am looking what does mean PAD in Shipping freight terms
Damage Protection Plan (DPP) is an additional insurance of containers, provided by the container leasing companies to their clients. When the client pays a small daily contribution, the leasing company insures him against certain types of damage or against maintenance costs for the containers he leases.
FCO in shipping terms stands for full corporate offer. There are many abbreviations associated with shipping in a business setting.
A transaction in which the seller must pay for all of the costs related to transporting the goods and is responsible in full for the goods until they have been received and transfered to the buyer. This includes paying for the shipping, the duties and any other expenses incurred while shipping the goods
operational definition of terms
CIS: Chinese International Shipping
Incoterms, short for International Commercial Terms, are a set of standardized trade terms published by the International Chamber of Commerce (ICC) that define the responsibilities of buyers and sellers in international transactions. They clarify aspects such as shipping, insurance, and tariffs, helping to avoid misunderstandings in international trade. Common terms include FOB (Free On Board), CIF (Cost, Insurance, and Freight), and DDP (Delivered Duty Paid). By providing a clear framework, Incoterms facilitate smoother international trade operations.