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What are the differences between the following incoterms and does anyone use other incoterms? SITE DELIVERY, CIP, CIF, and FOB

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Question added by Tarek Galal Wassal , Procurement Manager , Islamic Development Bank
Date Posted: 2014/07/23
Mamdouh Manie
by Mamdouh Manie , Executive HRC local sales manager , Ezzsteel

for site delivery , DDP delivery duty paid or DDU delivery duty unapaid can be used

Priscilla Fernandes Ratto
by Priscilla Fernandes Ratto , Senior Central Logistics Manager , Americana Group

Incoterms are pre-defined international commerce terms that clearly state responsibilities, costs and risks associated with transportation, insurance and delivery of goods for both buyers and sellers. Therefore, they should be used in every negotiation in order to avoid problems. 

The definition of all the Incoterms can be found at: http://www.iccwbo.org/products-and-services/trade-facilitation/incoterms-2010/the-incoterms-rules/

You may also find charts online with pictures such as this one: http://www.ferfreight.com/wp-content/uploads/2012/10/incoterm-2010.jpg

Please note that Site Delivery is not a valid Incoterm. 

Tarek Galal Wassal
by Tarek Galal Wassal , Procurement Manager , Islamic Development Bank

Thanks for your answer and fruitful information, but why "site delivery" is not a valid incoterm?

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