Shipping policy

TERMS OF SHIPMENT

All products are sold Incoterms 2020 EXW (Ex Works), as issued by the International Chamber of Commerce, at BOREAS’s head office or BOREAS’ supplier final assembly facility, as applicable. Accordingly, title and risk of loss or damage shall pass to the BUYER at the Ex works site. To clarify, BUYER shall be responsible for all transportation arrangements and insurance coverage of all goods between BOREAS’ head office or BOREAS’ supplier final assembly facility, as applicable, and BUYER’s destination and shall bear all costs, including custom fees and insurance costs, risk of loss, damage in-transit, and transportation delays relating to those arrangements.

If BUYER fails to make the necessary transportation arrangements to take delivery of the products within 30 days of receiving notice from BOREAS that the products are ready for delivery, the BUYER shall, in addition to any other liabilities arising from the law, be liable for all related costs including insurance and securing storage.

Should BOREAS agree to different terms of delivery then such terms shall minimally include the following terms and conditions. Unless BUYER provides specific written shipping instructions to BOREAS, BOREAS may select the carrier and ship the products to BUYER’s address indicated on BUYER’s purchase order. All products will be scheduled for shipment in accordance with BOREAS’ minimum order policy and applicable shipment sequence. BOREAS reserves the right to make shipments in installments as and when products become available for delivery and shall invoice shipments as made. BOREAS reserves the right to allocate production and deliveries among its various buyers under any circumstances. BOREAS will confirm in writing, and amend as appropriate, the shipment schedule. BOREAS will not assume any liability in connection with the shipment or constitute any carrier as its agent.