INCOTERMS 2000: ICC OFFICIAL RULES FOR THE INTERPRETATION OF TRADE TERMS

DDU – Delivered Duty Unpaid (named place of destination)

This term means that the seller delivers the goods to the buyer to the named place of destination in the contract of sale. A transaction in international trade where the seller is responsible for making a safe delivery of goods to a named destination, paying all transportation and customs clearance expenses but not the duty. The seller bears the risks and costs associated with supplying the goods to the delivery location, where the buyer becomes responsible for paying the duty and taxes.

This term may be used irrespective of the mode of transport but when delivery is to take place in the port of destination on board the vessel or on the quay (wharf), the DES or DEQ terms should have been used.

distribution-CPT

Incoterms 2010

  • CFR — Cost and Freight
  • CIF — Cost, Insurance and Freight
  • CIP — Carriage and Insurance Paid Тo
  • CPT — Carriage Paid To
  • DAP — Delivered at Place
  • DDP — Delivered Duty Paid
  • DAT — Delivered at Terminal
  • EXW — EX Works
  • FAS — Free Alongside Ship
  • FCA — Free Carrier
  • FOB — Free On Board
  • incoterms 2010 mini logo

Incoterms 2000

  • DDU — Delivered Duty Unpaid
  • DES — Delivered Ex Ship
  • DEQ — Delivered Ex Quay
  • DAF — Delivered At Frontier

Blog

What costs are included in freight?

Freight costs typically include several different components, depending on the mode of transport and the specific terms of the shipment. Some of the common costs included in freight are: Transportation costs: This is the cost of actually moving the goods from the point of origin to the destination. Transportation costs may be charged based on […]

What are the 4 types of air freight?

There are four main types of air freight: General cargo: This is the most common type of air freight and includes a wide range of goods that are transported by air, such as electronics, textiles, machinery, and consumer goods. General cargo can be shipped in a variety of packaging, including boxes, crates, and pallets. Express […]

How many types of sea freight?

There are several types of sea freight that are commonly used for transporting goods by sea. These include: Full container load (FCL): In FCL shipping, the entire container is reserved for one shipment, which can be loaded and unloaded at the origin and destination ports. This is typically the most cost-effective option for shippers with […]

See all our news