nick18_in
MP Guru
INCO term equivalent for FOB destination is DDU (delivery duty unpaid) or DDP (delivery duty paid). DDU and DDP are getting more popular these days and are replacing FOB destination.
If the shipment is within a country, DDU is logically the default term. For international shipments, either DDU or DDP terms could be selected based on buyers/sellers perferences and negotiations.
The following website has a lot of good information on the shipment terms
http://www.iccwbo.org/incoterms/wallchart.asp
If the shipment is within a country, DDU is logically the default term. For international shipments, either DDU or DDP terms could be selected based on buyers/sellers perferences and negotiations.
The following website has a lot of good information on the shipment terms
http://www.iccwbo.org/incoterms/wallchart.asp