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Freight, Insurance and Incoterms for Used Equipment

Published: Publisher: Zhilianhai Robotics News

Decide before you quote

TermWhat it means in practice
Ex-worksBuyer collects and carries all risk from the seller door
FOBSeller delivers to the carrier; risk passes at loading
CIFSeller arranges freight and insurance to the destination port
DAPSeller delivers to the named place, buyer unloads
DDPSeller clears import and delivers duty paid

Practical points

  • Used machines need bracing and shock indicators, especially multi-axis robots.
  • Insurance should value the machine, not just the freight cost.
  • Photograph the loading; it settles most damage claims.

Incoterms define risk and cost, not ownership. Confirm transfer of title separately.

This article is published by the Zhilianhai Robotics News site. Where policies, standards, prices, company capabilities or project status are involved, cross-check the original sources as well.

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