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Cepsa Trading, S.A.U. 2021 General Terms & ConditionsProducts FOB & CIF/CFR/DES/DAP/DAT/DPU EX TANK/INTO TANK/IN SITUcepsa.comCepsa Trading, S.A.U.INDEXIMPORTANT NOTICE: APPLICABILITY5PART ONE FOB SALES61.Applicability62.Delivery63.Risk and Title74.Inspection, measurement and sampling85.Nomination of Vessels96.Arrival of Vessels, loading berthing and others137.Laytime and Demurrage14PART TWO CIF AND CFR SALES188.Applicability189
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How to fill out fob cifcfrdesdapdatdpu

01
Start with the name and address of the seller.
02
Include the name and address of the buyer.
03
Specify the terms of sale, including FOB (Free On Board) or CIF (Cost, Insurance, and Freight).
04
Outline the description of the goods being shipped.
05
Indicate the quantity and unit of measurement for the goods.
06
State the port of shipment and the port of destination.
07
Detail the payment terms agreed upon by both parties.
08
Include the anticipated shipment date.
09
Provide any additional information or documentation required by law or the contract.

Who needs fob cifcfrdesdapdatdpu?

01
Companies engaged in international trade.
02
Exporters and importers dealing with shipping contracts.
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Logistics and freight forwarding companies.
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Legal and compliance teams ensuring proper shipping documentation.
05
Financial institutions involved in trade financing.
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FOB, CIF, CFR, DES, DAP, DDP are terms used in international shipping to define the responsibilities and liabilities of buyers and sellers. They specify who is responsible for the goods at various points in the shipping process.
Typically, the seller is required to file these terms as part of the shipping documentation, but both parties should understand their obligations based on the agreed incoterms.
To fill out the FOB, CIF, CFR, DES, DAP, or DDP documentation, include the parties' details, the terms of shipment, and the specific terms and conditions that relate to the responsibility for shipping costs, insurance, and risks.
The purpose of these terms is to clearly define the responsibilities of the buyer and seller regarding the shipment of goods, to avoid disputes and ensure smooth international trade.
Information that must be reported includes the names and addresses of the buyer and seller, the shipping terms (FOB, CIF, etc.), the payment terms, insurance details, and the delivery location.
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