Họ và tên: Nguyễn Ngọc Sương

MSSV: K174040466

INCOTERMS 2020

(Nguồn: kuehne-nagel)
7 MAIN CHANGES IN INCOTERMS 2020
1. DAT is changed to DPU
 The rule Delivered at Terminal (DAT) has been changed to Delivered at Place Unloaded
(DPU) to clarify that the place of destination could be any place and not only a
“terminal”.
In Incoterms 2010 DAT (Delivered at Terminal) means the goods are delivered once
unloaded at the named terminal. For example, a capital equipment manufacturer might
agree to deliver at the site of a factory.

(Nguồn: Vinalink group)

2. Change of insurance in CIP/CIF
CIP now requires at least an insurance with the minimum cover of the Institute Cargo
Clause (A) (All risk, subject to itemized exclusions).
CIF requires at least an insurance with the minimum cover of the Institute Cargo Clause
(C) (Number of listed risks, subject to itemized exclusions).
The Incoterm CIP (Carriage and Insurance Paid to) means that the seller delivers to the
carrier, but then pays for the carriage and insurance to the named destination. CIF
(Carriage Insurance and Freight) is the same except that it can only be used for maritime
transport (delivery is onto a ship and the destination needs to be a port).
3. Costs are clarified
The costs now appear centralized in A9/B9 of each Incoterms® rule.
 The detail of the precise allocation of costs between seller and buyer has been improved.
In each Incoterm 2020 A9/B9 has gathered in all of the cost obligations. This is to
respond to user feedback that there were increasing disputes about the allocation of costs,
especially those in or around the port or place of delivery.
The broad principle is that the seller is responsible for costs incurred up to the point of
delivery, and the buyer is responsible for costs beyond that.
4. Security requirements
The Incoterms® 2020 now explicitly shifts the responsibility of security-related
requirements and ancillary costs to the seller.Transport security (e.g. mandatory
screening of containers) requirements have become more prevalent. These requirements
bring cost, and risk delay if not fulfilled. Incoterms 2010 did touch on responsibility for
security requirements and their costs. ICC Incoterms® 2020 makes security obligations
more prominent (e.g. see A4/A7 in each Incoterm 2020).
5. Seller/buyer using own transport
The Incoterms® rules Free Carrier (FCA), Delivered at Place (DAP), Delivered at Place
Unloaded (DPU) and Delivered Duty Paid (DDP) now take into account that the goods
may be carried without any third-party carrier being engaged, namely by using its own
means of transportation.
Incoterms 2010 assumed that the transport of the goods between seller and buyer would
be carried out by a third party carrier. They did not deal with where the transport is
provided by the seller or buyer (e.g. the seller's own truck). ICC Incoterms® 2020 now
clarifies the position. For example, the buyer in FCA Incoterms 2020 is required to
"contract or arrange at its own cost for the carriage of the goods from the named place
of delivery".
6. FCA, FOB and bills of lading
The Incoterm FOB is often used for container shipments. In doing this, the seller takes on
a significant risk. Typically a seller of a container shipment loses control of the container
on arrival of the container at the port. But even though the seller has lost control, they are
still liable until the container is loaded onto the ship. This exposes the seller to cost and
risk.
The Incoterms® FCA (Free Carrier) now provides the additional option to make an on-
 board notation on the Bill of Lading prior loading of the goods on a vessel.
However, sellers often want to secure payment with a letter of credit. Letters of credit
often require the presentation of an onboard bill of loding. For the seller using FOB
involves it in lading and therefore gives it a chance of obtaining an onboard bill of lading.
A seller using FCA will have little prospect of obtaining the onboard bill of lading.
7. Improved presentation
 Explanatory notes and pictures: In ICC Incoterms® 2020 the explanatory note for
each Incoterm has been made more detailed and the pictures more useful.
 Reordering: Each Incoterm 2020 has been reordered so that the delivery
obligation (which is the key part of each Incoterm) is made more prominent (it is
now at A2).
 "Horizontal": At the back of the ICC Incoterms® 2020 book an extra tool has
been included. This sets out the position for each element Incoterm in a way that
means it can be compared across all Incoterms. Therefore, if you wanted to look at
the delivery point (set out at A2) across all Incoterms it is now possible to do so.
 Multi modal is separate to maritime Incoterms ICC Incoterms® 2020 has retained
the approach of Incoterms 2010 by setting out the multi modal Incoterms first and
then the maritime only Incoterms (FAS, FOB, CFR, CIF). This is to encourage users
to use Incoterms which can be used for any form of transport, as that means less risk
of using the wrong Incoterm.