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Soumyadri Chattopadhyaya

General Counsel at Drip Capital

Other Articles by Soumyadri Chattopadhyaya
Articles on Bill Of Lading

04 May 2022

Bill of Lading [BOL] in Shipping - Explained with Examples

The term ‘Bill of Lading’ (BOL) is of ancient English origin and literally means ‘list of cargo’. It is one of the essential legal documents generated during the shipping of overseas bound cargo and acts both as a contract as well as a receipt.

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Articles on Incoterms

12 October 2022

CIF Incoterms [Cost, Insurance & Freight] | Meaning, Value & Details

CIF stands for Cost, Insurance and Freight, a commercial rule under incoterms 2020 wherein the expenses are borne by the seller -- from delivering goods and bearing settlement charges for carriage and insurance till the designated port. CIF Incoterm cannot be used for air, rail and road transit.

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Articles on Incoterms

12 September 2022

FOB Incoterms [Freight On Board] - Meaning, Delivery Point & Pricing

FOB stands for “Free on Board” or “Freight on Board”, and it is a shipping term specific to transit by waterways. Learn about its rules, costing & responsibilities.

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Articles on Incoterms

04 May 2022

Free Alongside Ship (FAS) Incoterms | Meaning & Use

In the FAS incoterm, the seller has well-defined instructions for the course of transportation till the port of destination and the buyer seizes responsibility for loading the goods -- and all charges -- after the goods reach the nominated port.

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Articles on Incoterms

13 October 2022

DDP [Delivery Duty Paid] Incoterms - Price, Process & Documentation

DDP incoterms is one of the 11 incoterms published by the International Chamber of Commerce (ICC). It stands for Delivery Duty Paid, a terminology allowing flexibility to hold any mode of transport. Also, it lays maximum risk and responsibilities on the seller.

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Articles on Incoterms

10 October 2022

Delivered at Place (DAP) | Meaning, Example & Shipping Cost

Delivered at Place or Delivered at Port incoterms is a commonly used incoterm where the seller delivers the goods till the port. Learn more about documentation & payment terms here.

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Articles on Incoterms

09 October 2022

CIP Incoterms [Carriage & Insurance Paid] | Delivery Terms, Price & Example

The shipping incoterm CIP stands for ‘Carriage and Insurance Paid to’, wherein the seller is responsible for goods only till the first port, which is the exporter's country's port and not the terminal.

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Articles on Incoterms

13 October 2022

CPT Incoterms [Carriage Paid to] - Meaning, Delivery Terms & Cost

Learn all about CPT incoterms, roles & responsibilities of the importer/exporter, cost aspects, delivery terms and transport clauses in freight and shipping

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Articles on Incoterms

11 October 2022

EXW Incoterm (Ex Works) - Meaning, Example & Use

EXW Incoterm stands for Ex Works, having an EXW arrangement means that there is minimum obligation for the seller, whereby he is responsible only till the delivery of goods at the named place, and the buyer covers the entire shipping cost.

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Articles on Incoterms

04 May 2022

Incoterms Explained - Complete List, Chart, Infographic & Rules

Used through 2022, the latest Incoterms® 2020 is a guide for exporters & importers of their responsibilities. Learn about FOB, CIF, CIP, & 8 other incoterms here.

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