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Question: Assume that you are working at a fish exporting company in Sohar, Oman. You have received a request for quotation for supplying an
Question: Assume that you are working at a fish exporting company in Sohar, Oman. You have received a request for quotation for supplying an importer in Shanghai, China with frozen kingfish. The kingfish will be loaded in 100 boxes and transported in a 40'ft container. The EXW price is OR 100 per box. Additional information on specific costs (all in OR): - Packaging: 150 - Stuffing of container: 30 - Inland transport: 150 - Export clearance: 25 - Container loading: 100 - Sea freight: 1,750 - Container discharge: 125 - Inland transport to destination: 75 - Stripping: 60 - Insurance (while the fish is on Sea): 5% of the EXW value - Custom duties (Import duty): 5% of the CIF value Question: Draft an offer to the buyer in Shanghai based on (in each Incoterm, show the amount buyers and sellers are obliged to cover/pay)): a) FAS, Sohar (2 marks) b) DPU, Shanghai (2 marks) c) FOB, Sohar (2 marks) d) DDP, Shanghai (2 marks) e) CIF, Shanghai (2 marks)
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