AIR FREIGHT
Santova UK’s experienced Airfreight team are seamlessly able to guide you through your time sensitive global shipments. Whether it is imports or exports, Santova has the buying power and extensive global network to ensure that we offer solutions that guarantee time efficient deliveries in the most cost effective way.
Our long standing relationships with core, strategic carriers on all key trade lanes allow Santova UK to offer a range of comprehensive air freight products for our customers including time critical hand carry service, next flight bookings, direct and deferred services and charters. Our expert team will manage your shipments from start to finish, providing you with complete visibility all the way.
Our bespoke Air Freight solutions include:
Cross Trade
With the rapid growth of international trade, the ability to move cargo directly between two countries, without the cargo coming into the UK, on a cross trade basis is becoming ever more important. Allow our team of experts to advise on best fit solutions tailored to your specific business needs.
We work with our own offices and/or global partners to facilitate cross trade solutions. We have been working with the majority of our partners for a number of years, during which time good working relationships and trust has been developed. Clients can therefore be assured that quality services will always be used whilst maintaining competitive rates.
OTHER INFORMATION
You can agree to the following matters by means of an incoterm:
• Who is responsible for transport insurances, licenses, authorizations and other formalities?
• Who provides the transport and up to where?
• When will the risks and costs of the delivery transfer from the seller to the buyer?
Incoterms 2010
There are 11 incoterms: 4 are intended specifically for transport by water. The other 7 apply to all kinds of multimodal transport.
Click the above image for an illustration of how Incoterms work
Incoterms by water transport:
FAS – Free Along Ship
Free Alongside Ship means that the seller delivers when the goods are placed alongside the vessel (e.g., on a quay or a barge) nominated by the buyer at the named port of shipment. The risk of loss of or damage to the goods passes when the goods are alongside the ship, and the buyer bears all costs from that moment onwards.
FOB – Free On Board
Free On Board means that the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel, and the buyer bears all costs from that moment onwards.
CFR – Cost and Freight
Cost and Freight means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. the seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.
CIF – Cost, Insurance and Freight
Cost, Insurance and Freight means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.
The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage. The buyer should note that under CIF the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.
Incoterms by multimodal transport:
EXW – Ex Works
Ex Works means that the seller delivers when it places the goods at the disposal of the buyer at the seller’s premises or at another named place (i.e.,works, factory, warehouse, etc.). The seller does not need to load the goods on any collecting vehicle, nor does it need to clear the goods for export, where such clearance is applicable.
FCA – Free Carrier
Free Carrier means that the seller delivers the goods to the carrier or another person nominated by the buyer at the seller’s premises or another named place. The parties are well advised to specify as clearly as possible the point within the named place of delivery, as the risk passes to the buyer at that point.
CPT – Carriage Paid To
Carriage Paid To means that the seller delivers the goods to the carrier or another person nominated by the seller at an agreed place (if any such place is agreed between parties) and that the seller must contract for and pay the costs of carriage necessary to bring the goods to the named place of destination.
CIP – Carriage and Insurance Paid To
Carriage and Insurance Paid to means that the seller delivers the goods to the carrier or another person nominated by the seller at an agreed place (if any such place is agreed between parties) and that the seller must contract for and pay the costs of carriage necessary to bring the goods to the named place of destination.
The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage. The buyer should note that under CIP the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.
DAT – Delivered At Terminal
Delivered at Terminal means that the seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the disposal of the buyer at a named terminal at the named port or place of destination. “Terminal” includes a place, whether covered or not, such as a quay, warehouse, container yard or road, rail or air cargo terminal. The seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port or place of destination.
DAP – Delivered At Place
Delivered at Place means that the seller delivers when the goods are placed at the disposal of the buyer on the arriving means of transport ready for unloading at the named place of destination. The seller bears all risks involved in bringing the goods to the named place.
DDP – Delivered Duty Paid
Delivered Duty Paid means that the seller delivers the goods when the goods are placed at the disposal of the buyer, cleared for import on the arriving means of transport ready for unloading at the named place of destination. The seller bears all the costs and risks involved in bringing the goods to the place of destination and has an obligation to clear the goods not only for export but also for import, to pay any duty for both export and import and to carry out all customs formalities.
Source: ICC website. The full text of the 2010 edition of the Incoterms rules is available at http://store.iccwbo.org
“Incoterms” is a trademark of the International Chamber of Commerce (ICC).