The Vital Role of Incoterms 2020
Incoterms are a set of 11 internationally recognized rules defining the responsibilities of sellers and buyers. They determine exactly who pays for transport, insurance, and duties, and critically, where the risk transfers from seller to buyer.
"Choosing FOB versus DDP can dramatically change your total landed cost and liability. We ensure your choice aligns with your financial and operational goals."
EXW (Ex Works)
Maximum responsibility on the buyer. The seller makes the goods available at their premises.
FOB (Free On Board)
The seller delivers goods on board the vessel nominated by the buyer. Risk transfers once loaded.
DDP (Delivered Duty Paid)
Maximum responsibility on the seller. The seller delivers goods to the buyer, cleared for import.
Specialized Compliance & Forwarding
Technical expertise to mitigate risks and streamline global transit.
Incoterms Consultation
Selecting the optimal term to balance cost control with risk management for every individual lane.
Documentation Review
Rigorous auditing of Commercial Invoices and Packing Lists to prevent customs hold-ups.
Transshipment Management
Precision coordination of cargo transfers between vessels and ground transport in international ports.
Customs Liaison
Acting as your advocate with customs brokers to facilitate rapid clearance and regulatory adherence.
Avoid Costly Errors
Are you sure your last international shipment used the right Incoterm? A small mistake can cost thousands.
Incorrect HS Code Classification
Misclassifying products leads to incorrect duty payments, retroactive tariffs, and significant financial penalties.
Using Outdated 2010 Incoterms
The 2020 revision introduced critical changes regarding insurance and security. Using old terms leaves you legally exposed.
Incomplete Commercial Invoices
Missing weight data, currency specifications, or seller details is the #1 cause of port-side customs delays.
How Aroura Protects You
Our meticulous pre-shipment review process audits every document and classification before your cargo ever leaves the dock.
Unsure About Your Trade Compliance?
Identify risks in your current shipping process. Schedule a professional 15-minute consultation with our international logistics specialists to ensure your documentation and terms are airtight.
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