Demurrage CIP
QUESTION: Incoterm ICC Book conflicts with published Incoterms online. Order CIP to inland destination city of TUMELTSHAM. Demurrage charged. Unknown reason. Could be customer appointment. Who pays demurrage? ICC book shows Buyer. Customer protesting. **************** Answers: CIP is one of the Incoterms where the responsibility for risk and responsibility for costs transfer at different points in […]