Incoterms 2020, visualised
Who arranges what,
and where risk moves
Amber = WANPORTS arranges and bills it inside your quote.
Blue = you (or your forwarder). The flag is where risk transfers to you.
WANPORTS arranges & bills
Optional / on request
You / your forwarder
⚑Risk transfers to you
Our default quote is FOB Ningbo. It keeps freight
transparent and lets you use your own forwarder. Rail and LCL shipments usually run
better as FCA. Note: under CFR / CIF we pay the freight, but risk still
transfers when the goods are loaded at origin.
EXW — Ex Works
Goods are made available at the workshop door — you arrange
everything from pick-up to delivery, including China export clearance.
Watch out: export clearance in China without a local agent is
painful. Most buyers are better served by FCA.
FCA — Free Carrier
We hand the goods to your nominated carrier (or terminal)
export-cleared. Risk transfers at hand-over. Works for sea, air, rail and courier —
the most flexible term.
Nail down the exact hand-over point (forwarder warehouse vs rail
terminal) in writing.
FOB — Free On Board (sea only)
We deliver export-cleared goods onto the vessel at Ningbo;
you pay ocean freight onward. Risk transfers when goods are on board. The classic,
most transparent term for FCL buyers.
FOB is a sea term — for air or rail shipments ask for FCA
instead.
CFR — Cost & Freight (sea only)
Like FOB, but we book and pay the ocean freight to your
port. Risk still transfers at loading in China — freight paid ≠ risk carried.
Insure the voyage yourself, or ask us to quote CIF.
CIF — Cost, Insurance & Freight (sea only)
CFR plus marine insurance (minimum ICC-C cover) bought by
us in your name. Convenient single price to your port.
Minimum cover is basic — high-value cargo should request ICC-A
all-risk.
DAP — Delivered At Place
We deliver to your named address; you handle import
clearance and pay duties/VAT when the shipment arrives.
Confirm who unloads the truck, and have your import documents
ready to avoid demurrage.
DDP — Delivered Duty Paid
Door-to-door with duties and taxes paid by us — one
all-in price, zero customs work on your side.
Duty rates get baked into the price; provide your product's HS
code early for an accurate DDP quote. Not available for every country.