Term
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| Description |
The seller's obligation to deliver is fulfilled when the goods have passed over the ship's rail at the named port of shipment. This means that the buyer has to bear all costs and risks of loss of or damage to the goods from that point. This term can only be used for sea and inland waterway transport (12). |
| Source |
United Nations, International Merchandise Trade Statistics — Concepts and Definitions. Statistics Division, Series F, No. 52, Rev. 2 (United Nations publication, Sales No. E.98.XVII.16). |
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