MediMARE Game - Misleading Incoterm clause
MediMARE GAMES are a series of games related to the project's main issues in order to promote the knowledge and reflection about maritime disputes and mediation.
Misleading Incoterm claus
In this game, the player will be able to think about Incoterms.
Incoterms (International Commercial Terms) are contractual terms elaborated by the ICC and that sellers and buyers incorporate into their international contracts for determining the obligations of the parties regarding the transportation costs and responsibility, where goods will be delivered (and thus where the obligation of the seller ends), insurance and export costs (taxes, declarations and other import and export obligations). The incorrect use of the Incoterms in the contract may lead to mistaken obligations / responsibilities of the Parties. Examples being who bears the risk of loss or damage to the goods while in transit, or who is responsible to pay for international transportation.
Ad hoc procedures are the ones in which the parties decide what rules they will follow, who will be the mediator, and they are the ones do “administer” the mediation procedure.
Considering that the parties chose to start an Ad Hoc Procedure, they are also thinking about doing the mediation procedure online.