Incoterms 2020
DPU — Delivered Named Place Unloaded
The meaning of it is that the delivery is completed for the supplier when the goods are placed at the disposal of the recipient at the indicated place. Supplier must bear all costs for export duties and delivery of goods to the specified destination, including its unloading. Supplier pays for export duty, packaging the goods and transportation of the cargo to the port, loads the products on board, hires and pays the ship, engages in unloading from a ship, and optionally delivers and unloads at the destination. Recipient insures the goods at will, pays import duty, relevant certificates, licenses, etc. DPU is used to transport goods by any means of transport.
Who covers the logistics charges?
Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller.
DPU
Specify the precise point of destination to unload and deliver goods.
Seller’s Obligations
- Goods, commercial invoice and documentation
- Export packaging and marking
- Export licenses and customs formalities
- Pre-carriage and delivery
- Loading charges
- Main carriage
- Delivery at named place of destination
- Unloading charges
- Proof of delivery
- Cost of pre-shipment inspection
Buyer’s Obligations
- Payment for goods as specified in sales contract
- Import formalities and duties
- Cost of import clearance pre-shipment inspection
- Onward carriage and delivery to buyer (depending upon named place)