Under which trade terms does the risk of loss transfer to the buyer upon arrival of goods?

The appropriate trade terms where the risk of loss transfers to the buyer upon arrival of goods are the terms DPU (Delivered at Place Unloaded) and DDP (Delivered Duty Paid). Under these terms, the seller assumes responsibility for the goods until they arrive at the designated place, at which point the risk shifts to the buyer.

DPU specifies that the seller is responsible for unloading the goods and bears the risk of loss or damage until the cargo is delivered and unloaded at the destination. Once the goods have been delivered and unloaded, the risk transfers to the buyer.

Similarly, with DDP, the seller delivers the goods ready for unloading at the named place of destination. The seller bears all costs and risks associated with delivering the goods, including import duties and taxes, until the point of unloading. Only after the goods have reached and are available for unloading does the risk shift to the buyer.

In contrast, other trade terms listed do not follow the same principle regarding the transfer of risk. For example, under terms like FOB (Free On Board) and CIF (Cost, Insurance and Freight), the transfer of risk occurs at different stages related to the shipping process and not specifically upon arrival of goods. Understanding the different responsibilities and risk implications associated with each Inc