Commercial terms used worldwide in international and domestic contracts for the sale of goods. The following information is provided as a reference guide only, all parties should consult the official Guide to Incoterms published by the International Chamber of Commerce for a full description of their obligations, liabilities and risks associated with Incoterms.

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Explaining Incoterms. It's what we do.

 

Incoterms used for Any Mode or Modes of Transport

• EXW - Ex Works (named place of delivery)
• FCA - Free Carrier (named place of delivery)
• CPT - Carriage Paid To (named place of destination)
• CIP - Carriage and Insurance Paid To (named place of destination)
• DPU - Delivered at Place Unloaded(named place of destination)
• DAP - Delivered at Place (named place of destination)
• DDP - Delivered Duty Paid (named place of destination)

 

 

Incoterms used for Sea and Inland Waterway Transport

• FAS - Free Alongside Ship (named port of shipment)
• FOB - Free on Board (named port of shipment)
• CFR - Cost and Freight (named port of destination)
• CIF - Cost Insurance and Freight (named port of destination)