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WHAT IS DAP DAP is “Delivered at Place”. It can be used for any mode of transport where more than one mode of transport is used. DAP is the modification of an old incoterm and a new addition to the latest versions of incoterm. It replaces the outdated DDU incoterm which was Delivery Duty Unpaid. DAP means that the seller must make the goods available at a named place by the buyer. The location is chosen by the buyer under DAP. The seller in DAP is not responsible for unloading the goods from the carrier at the destination. The seller also does not need to pay for any cutom duties, tarrifs, VAT, taxes or any other costs that may apply during the delivery of the . KNOW MORE ABOUT-WHAT IS DAP READ MORE-Freight Forwarding Online, Buy & Sell Ocean Freight,Tronslog

WHAT IS CIF CIF is short form of “Cost, Insurance and Freight”. Like the CFR this incoterm is also exclusively used for shipping. Also like the CFR CIF is used for bulk goods and non containerised shipments. This indicates that the seller is responsible for the cost as well as the freight of the goods to the destination port which is decided by the buyer. In addition to all of this the seller must also provide insurance for the goods being transported. In CIF the risk transfer point is also different from other incoterms. The risk transfer point is not the same cost transfer point as is the case with other incoterms. Under CIF the risk is transferred when the goods get loaded on the ship at the origin of the shipment. KNOW MORE ABOUT-WHAT IS CIF READ MORE-Freight Forwarding Online, Buy & Sell Ocean Freight | Tronslog.com

Buy & Sell Freight Online | Tronslog You need to hit the login icon on the top right screen and then signup. Leave your name , email and mobile number. Our representative will then call you to schedule a demo. KNOW MORE ABOUT-Buy & Sell Freight Online | Tronslog READ MORE-Buy & Sell Freight Online | Tronslog