Incoterms® define the responsibilities, costs and risks between buyers and sellers when goods are transported.
The buyer collects the goods from the seller and handles most transportation and customs arrangements.
Buyer
At seller's premises
The seller delivers the goods to an agreed carrier or location. The buyer manages the main transportation.
Buyer
At agreed delivery point
The seller delivers the goods on board the vessel. The buyer takes responsibility for the shipment from that point.
Seller until loading
On board vessel
The seller pays the freight to the destination port while the buyer assumes the risk once the goods are loaded on board.
Seller pays freight
On board vessel
The seller pays the freight and provides insurance to the destination port. Risk transfers to the buyer once the goods are on board.
Seller pays freight + insurance
On board vessel
The seller arranges delivery to the agreed destination while the buyer handles import clearance and related duties.
Seller delivers
At destination
The seller takes responsibility for transportation, import clearance, duties and delivery to the agreed destination.
Seller handles most costs
At destination
The right Incoterm depends on your cargo, destination, transportation method and the responsibilities agreed between the buyer and seller.
Our team can assist with your sea freight, forwarding and shipping requirements.
Incoterms® 2020 rules are published by the International Chamber of Commerce (ICC). The information above is provided as a general guide. Please refer to the applicable sales contract and Incoterms® 2020 rules for specific transactions.
Stay Connected With Hock Leong Shipping
Practical shipping solutions for your cargo movement between West Malaysia and East Malaysia.
An established shipping and forwarding company based in Port Klang, Malaysia. Founded in 1980, we provide shipping and maritime logistics solutions with a strong focus on connecting West Malaysia with East Malaysia.
Copyright © 2026 Hock Leong Shipping Sdn. Bhd. All Rights Reserved.
