International Trade Institute
17Jun
WebinarSession endedReplay for attendees

Incoterms 2020 in Practice: Who Really Bears the Risk?

Beyond the wall chart: the cases where CIF, DAP and DDP go wrong, told through real claims.

17 Jun 2026 · 14:00 UTC · 60 min

About this session

What this session covers

Everyone has the Incoterms wall chart; almost nobody reads the fine print until a container goes overboard. Sofia Almeida and Lars Nielsen walked through real claim scenarios, damaged reefer cargo under CIF, a DDP shipment stuck on import VAT, project cargo craned onto a barge, and where risk actually transferred in each. The thread below continues the discussion.

Agenda

  • The five Incoterms decisions that matter commercially
  • Claim walkthrough #1: CIF and the reefer that failed
  • Claim walkthrough #2: DDP and the VAT registration trap
  • Claim walkthrough #3: project cargo beyond the ship's rail

Session replay

Available to the 4 members who attended

Q&A, still open

The session ended; the conversation didn't. Follow-up questions welcome.

Open in the community

2 replies

Peter Walshgb18 JunITI member

Sharing my claim story from the session chat: DDP into Norway, we couldn't register for VAT in time, goods sat for three weeks. The wall chart says DDP is 'maximum seller obligation', nobody mentions it's also maximum seller paperwork in a country you don't know.

Lars Nielsendk19 JunSpeakerITI member

The recurring lesson from every story in this thread: the three-letter code is the start of the conversation, not the end. Name the port, name the payer, name the paperwork owner, in words, in the contract. The session recording's last ten minutes make exactly this point with the barge case.