- 23 December 2010
Incoterm Update For 2011
Please find attached an update of the new Incoterms effective 1st January 2011
In summary:
* Two new Incoterms DAT and DAP are replacing DAF, DES, DEQ and DDU
* Incoterms can be used for specified modes of transport
* There will now be named place of delivery, named place of destination, named terminal at port or place of destination and named port of destination that will apply
Attached is a summary letter and Incoterm refernce guide for your reference.
If any further information is required, please contact your friendly local Mainfreight team