{"id":903,"date":"2020-01-06T04:58:25","date_gmt":"2020-01-06T04:58:25","guid":{"rendered":"https:\/\/hlshipping.com\/?p=903"},"modified":"2020-01-06T05:01:56","modified_gmt":"2020-01-06T05:01:56","slug":"du-thao-incoterms-2020","status":"publish","type":"post","link":"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/","title":{"rendered":"INCOTERMS 2020 : MAIN CHANGES"},"content":{"rendered":"SINCE 1990, THERE HAS ALWAYS BEEN A REVISION OF INCOTERMS RULES EVERY DECADE. THE NEW INCOTERMS 2020, PRESENTLY BEING DRAFTED IN THE INTERNATIONAL CHAMBER OF COMMERCE (ICC), ARE TO BE PUBLISHED BY THE LAST QUARTER OF 2019 AND WILL ENTER INTO FORCE ON JANUARY 1, 2020.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-904 size-large\" src=\"https:\/\/hlshipping.com\/wp-content\/uploads\/2020\/01\/TL-Newsletter-April-Graphic-1024x683.jpg\" alt=\"INCOTERMS 2020\" width=\"1024\" height=\"683\" srcset=\"https:\/\/hlshipping.com\/wp-content\/uploads\/2020\/01\/TL-Newsletter-April-Graphic-1024x683.jpg 1024w, https:\/\/hlshipping.com\/wp-content\/uploads\/2020\/01\/TL-Newsletter-April-Graphic-300x200.jpg 300w, https:\/\/hlshipping.com\/wp-content\/uploads\/2020\/01\/TL-Newsletter-April-Graphic-768x512.jpg 768w, https:\/\/hlshipping.com\/wp-content\/uploads\/2020\/01\/TL-Newsletter-April-Graphic-1536x1024.jpg 1536w, https:\/\/hlshipping.com\/wp-content\/uploads\/2020\/01\/TL-Newsletter-April-Graphic-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p><div class=\"hlshi-noi-dung_2\" id=\"hlshi-973870120\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3704539290800521\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\" data-ad-client=\"ca-pub-3704539290800521\" \ndata-ad-slot=\"5961295770\" \ndata-ad-layout=\"in-article\"\ndata-ad-format=\"fluid\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><strong>Firts of all, let us review the meaning of Incoterms:<\/strong><\/p>\n<p>Incoterms beginning with an E: are Departure Incoterms, i.e. the buyer takes care of everything while the seller simply makes the goods available. For example: EXW.<br \/>\nIncoterms beginning with an F: are Incoterms whose main transport is not paid for by the seller, it is the buyer who must pay for them. For example: FOB, FCA or FAS.<br \/>\nIncoterms beginning with a C: are Incoterms whose main transport is paid by the seller. For example: CIF, CIP, etc.<br \/>\nIncoterms beginning with a D: are said to be Incoming Incoterms, i.e. the buyer takes care of nothing, everything is managed and paid for by the seller. For example: DAP, DDP, etc.<br \/>\nAlthough the official list of new Incoterms is not yet known, we do have an indication of the changes addressed by the Drafting Committee:<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">M\u1ee5c l\u1ee5c<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69ecd1f7c4464\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69ecd1f7c4464\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/#Removal_of_Incoterms_EXW_and_DDP\" >Removal of Incoterms EXW and DDP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/#Removal_of_Incoterm_FAS\" >Removal of Incoterm FAS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/#Unfold_FCA_in_two_Incoterms\" >Unfold FCA in two Incoterms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/#FOB_and_CIF_for_container_shipping\" >FOB and CIF for container shipping<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/#Creation_of_a_new_Incoterm_CNI\" >Creation of a new Incoterm: CNI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/#Unfold_DDP_in_two_Incoterms\" >Unfold DDP in two Incoterms<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Removal_of_Incoterms_EXW_and_DDP\"><\/span><strong>Removal of Incoterms EXW and DDP<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This will be a significant change because EXW (ExWorks) is a very commonly used Incoterms by many companies.<br \/>\nThe DDP (Delivered Duty Paid) is commonly used for goods (e.g. spare parts) and it handles all logistics and customs clearance up to delivery to the buyer&#8217;s address.<br \/>\nThe reason behind the removal of these two terms is that they should only cover domestic transactions, i.e. by the exporter-seller for the EXW by the importer-buyer for the DDP.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Removal_of_Incoterm_FAS\"><\/span><strong>Removal of Incoterm FAS<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>FAS (Free Alongside Ship) is an Incoterm used when merchandise is delivered at the port of departure in the exporter&#8217;s country.<br \/>\nActually, FAS is only used for the exportation of some commodities (minerals and cereals) and, in this sense, the Drafting Committee is evaluating the convenience of creating a specific Incoterm for this type of products.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Unfold_FCA_in_two_Incoterms\"><\/span><strong>Unfold FCA in two Incoterms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>FCA (Free Carrier) is the most used Incoterm (about 40% of the international trade operations).<br \/>\nIt is very versatile and allows the delivery of goods in different places (seller&#8217;s address, land transport terminal, port, airport, etc.) that, most of times, are in the seller&#8217;s country. The Committee is evaluating the possibility of creating two Incoterms FCA; one for terrestrial delivery and another for maritime delivery.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FOB_and_CIF_for_container_shipping\"><\/span><strong>FOB and CIF for container shipping<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The modification made in the edition of Incoterms 2010 that when the merchandise does not travel in a container, Incoterms FOB (Free on Board) and CIF (Cost, Insurance, Freight) should not be used, but their counterparts FCA and CIP. The vast majority of exporting and importing companies do not apply these Incoterms and continue using the old ones.<br \/>\nThis is due to the fact that FOB and CIF are two very old Incoterms and the International Chamber of Commerce has not made an effort to transmit this change adequately, which is very important, since approximately 80% of the world trade is made in a container. In the Incoterms 2020, it is possible that FOB and CIF can be used again for container shipping, as was the case with Incoterms 2000 and earlier versions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Creation_of_a_new_Incoterm_CNI\"><\/span><strong>Creation of a new Incoterm: CNI<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The new Incoterm would be denominated as CNI (Cost and Insurance) and would cover a gap between FCA and CFR\/CIF (Cost and Freight\/Cost, Insurance, Freight). Unlike FCA, which would include the cost of international insurance on account of the seller-exporter, and as opposed to CFR\/CIF that would not include freight. As in the other Incoterms in &#8220;C&#8221;, this new Incoterm would be an &#8220;Arrival Incoterm&#8221;, i.e. the risk of transport would be transmitted from the seller to the buyer at the port of departure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Unfold_DDP_in_two_Incoterms\"><\/span><strong>Unfold DDP in two Incoterms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As with FCA, DDP (Delivery Duty Paid) also generates some problems due to the fact that the customs duties in the importing country are paid by the seller-exporter, regardless of the place of delivery of the goods. For this reason, the Drafting Committee is considering creating two Incoterms based on DDP:<br \/>\nDTP (Delivered at Terminal Paid): When the goods are delivered to a terminal (port, airport, transport center, etc.) in the country of the buyer, and the seller assumes the payment of customs duties.<br \/>\nDPP (Delivered at Place Paid): When the goods are delivered at any place other than a transport terminal (for example, at the buyer&#8217;s address), and the seller assumes the payment of the customs duties.<\/p>\n<p>In addition to the removal and creation of some Incoterms, the Drafting Committee is analyzing other issues to include in the new version of the Incoterms 2020. Among them are:<\/p>\n<p>Transportation security;<br \/>\nRegulations on transportation insurance;<br \/>\nThe relationship between the Incoterms and the International Sale Contract.<br \/>\nWe will keep you informed of the final changes that will be retained.<\/p>\n<p>In the meantime, our sales teams remain at your entire disposal to respond to your inquiries.<\/p>\n<p>Source: Internet.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"gtx-trans\" style=\"position: absolute; left: -4px; top: 2028.88px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div><div class=\"hlshi-sau-noi-dung\" id=\"hlshi-2510530116\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3704539290800521\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\" data-ad-client=\"ca-pub-3704539290800521\" \ndata-ad-slot=\"5961295770\" \ndata-ad-layout=\"in-article\"\ndata-ad-format=\"fluid\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>SINCE 1990, THERE HAS ALWAYS BEEN A REVISION OF INCOTERMS RULES EVERY DECADE. THE NEW INCOTERMS 2020, PRESENTLY BEING DRAFTED IN THE INTERNATIONAL CHAMBER OF COMMERCE (ICC), ARE TO BE PUBLISHED BY THE LAST QUARTER OF 2019 AND WILL ENTER [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[119],"class_list":["post-903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc","tag-incoterms-2020-main-changes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>INCOTERMS 2020 : MAIN CHANGES - HL Shipping<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hlshipping.com\/en\/du-thao-incoterms-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[:vi]D\u1ef0 TH\u1ea2O INCOTERMS 2020[:en]INCOTERMS 2020 : MAIN CHANGES[:]\" \/>\n<meta property=\"og:description\" content=\"SINCE 1990, THERE HAS ALWAYS BEEN A REVISION OF INCOTERMS RULES EVERY DECADE. 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