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