DAP stands for?

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Study for the Chartering and Brokerage Test. Master ship chartering and brokerage concepts with multiple choice questions and detailed explanations. Get ready to excel!

Multiple Choice

DAP stands for?

Explanation:
DAP is a shipping term that designates the seller’s responsibility to deliver the goods to a named place, ready for unloading, with costs and risks passing to that point. The seller handles transport and export formalities up to the named destination, while the buyer takes over for import clearance, duties, taxes, and unloading. The other phrases listed don’t reflect established shipping terminology, so they don’t describe what DAP stands for. In standard practice, DAP means Delivered At Place.

DAP is a shipping term that designates the seller’s responsibility to deliver the goods to a named place, ready for unloading, with costs and risks passing to that point. The seller handles transport and export formalities up to the named destination, while the buyer takes over for import clearance, duties, taxes, and unloading. The other phrases listed don’t reflect established shipping terminology, so they don’t describe what DAP stands for. In standard practice, DAP means Delivered At Place.

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