Incoterms® 2010
RULES FOR ANY MODE OR MODES OF TRANSPORT
EXW: EX WORKS
Delivery: Seller delivers (without loading) the goods at disposal of buyer.
Contract of Carriage: Buyer
Contract of Insurance: –
The export clearance: Buyer
The import clearance: Buyer
FCA: FREE CARRIER
Delivery: The seller delivers the goods to the first carrier or another person nominated by the buyer at the seller’s premises or another named place.
Contract of Carriage: Buyer
Contract of Insurance: –
The export clearance: Seller
The import clearance: Buye
CPT: CARRIAGE PAID TO
Delivery: The seller delivers the goods to the first carrier.
Contract of Carriage: Seller
Contract of Insurance: –
The export clearance: Seller
The import clearance: Buyer
CIP: CARRIAGE PAID TO
Delivery: The seller delivers the goods to the first carrier.
Contract of Carriage: Seller
Contract of Insurance: Seller
The export clearance: Seller
The import clearance: Buyer
DAT: DELIVERED AT TERMINAL
Delivery: The seller delivers the goods at named port, warehouse or terminal at destination.
Contract of Carriage: Seller
Contract of Insurance: –
The export clearance: Seller
The import clearance: Buyer
DAP: DELIVERED AT PLACE
Delivery: The seller delivers the goods at named place of destination.
Contract of Carriage: Seller
Contract of Insurance: –
The export clearance: Seller
The import clearance: Buyer
DDP: DELIVERED DUTY PAID
Delivery: The seller delivers the goods at named place of destination.
Contract of Carriage: Seller
Contract of Insurance: –
The export clearance: Seller
The import clearance: Seller
RULES FOR SEA OR INLAND WATERWAY TRANSPORT
FAS: FREE ALONGSIDE SHIP
Delivery: The seller delivers when the goods are placed alongside the buyer’s vessel at the named port of shipment.
Contract of Carriage: Buyer
Contract of Insurance: –
The export clearance: Seller
The import clearance: Buyer
FOB: FREE ON BOARD
Delivery: The seller delivers the goods on board the ship.
Contract of Carriage: Buyer
Contract of Insurance: –
The export clearance: Seller
The import clearance: Buyer
CFR: COST AND FREIGHT
Delivery: The seller delivers the goods on board the ship.
Contract of Carriage: Seller
Contract of Insurance: –
The export clearance: Seller
The import clearance: Buyer
CIF: COST, INSURANCE AND FREIGHT
Delivery: The seller delivers the goods on board the ship.
Contract of Carriage: Seller
Contract of Insurance: Seller
The export clearance: Seller
The import clearance: Buyer