Export shipments of oils and greases according to the INCOTERMS rules
Simex-Chem exports specialized lubricants in accordance with the INCOTERMS 2020 rules.
Incoterms are international rules adopted by participants in foreign economic activities to delimit, between the buyer and the seller, the liability for the risk associated with the delivery of goods. A total of 11 rules have been adopted, each of which is denoted by three capital letters meaning the delivery terms. The rules first appeared in 1936, and since then they have been reissued on a regular basis to reflect changes in logistics processes and commercial practices. From January 1, 2020, a new edition of Incoterms 2020 is in effect; however, this does not invalidate the previous editions.
Our specialists have extensive experience in exporting products, which is a guarantee of a successful transaction at all stages—signing a contract; product manufacturing and preparing; formalizing documents like quality certificates, other required certificates, declarations, MSDSs; customs clearance. If necessary, we interact directly with the authorities of the Russian Federation (Federal Service for Technical and Export Control (FSTEC), Federal Service of Military-Technical Cooperation (FSMTC), etc.) and make sure that appropriate export permits be obtained.
Export deliveries of specialized lubricants according to the INCOTERMS 2020 rules
|
I. INCOTERMS 2020 RULES |
II. INCOTERMS 2020 RULES |
|---|---|
|
EXW, Ex Works |
FAS, Free Alongside Ship |
Diagram of delivering in compliance with the INCOTERMS 2020 rules
| Delivery terms | Cargo pack-aging | Customs clearance | Delivery to the dispatch point | Loading on the ship | Sea trans-portation | Unloading from the ship | Transporta- tion to the destination | Insurance | Customs clearance |
|---|---|---|---|---|---|---|---|---|---|
| EXW | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer |
| FCA | Salesman | Salesman | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer |
| FAS | Salesman | Salesman | Salesman | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer |
| FOB | Salesman | Salesman | Salesman | Salesman | Buyer | Buyer | Buyer | Buyer | Buyer |
| CFR | Salesman | Salesman | Salesman | Salesman | Salesman | Buyer | Buyer | Buyer | Buyer |
| CIF | Salesman | Salesman | Salesman | Salesman | Salesman | Buyer | Buyer | Salesman | Buyer |
| CPT | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Buyer | Buyer | Buyer |
| CIP | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Buyer |
| DPU | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Buyer | Buyer |
| DAP | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Buyer | Buyer |
| DDP | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Salesman | Buyer | Salesman |
Oils, greases and specialized liquids produced by Simex-Chem are delivered in partnership with lead shipping companies with using the capabilities of road, air and sea shipping and with providing the documentation in full compliance with the INCOTERMS 2020 rules.
