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INCOTERMS 2000

There are 13 INCOTERMS as 4 Groups (E, F, C, D). Incoterms are ICC's standart definitions of trade terms and are internationally recognized as indispensable evidence of the buyer's and seller's responsibilities for delivery under a sales contract...

Group E: Departure
EXW - Ex-Works, named place where shipment is available to the buyer, not loaded. The seller will not contract for any transportation.

Group F: Main Carriage NOT Paid by Seller
FCA - Free Carrier, unloaded at the seller's dock OR a named place where shipment is available to the international carrier or agent, not loaded. This term can be used for any mode of transport.
FAS - Free Alongside Ship, named ocean port of shipment. Ocean shipments that are NOT containerized.
FOB - Free On Board vessel, named ocean port of shipment. This term is used for ocean shipments only where it is important that the goods pass the ship's rail.

Group C: Main Carriage Paid by the Seller
CFR - Cost and Freight, Named ocean port of destination. This term is used for ocean shipments that are not containerized.
CIF - Cost, Insurance and Freight, named ocean port of destination. This term is used for ocean shipments that are not containerized.
CPT - Carriage Paid To, named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments.
CIP - Carriage and Insurance Paid To, named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments.

Group D: Arrival At Stated Destination
DAF - Delivered At Frontier, named place of destination, by land, not unloaded. This term is used for any mode of transportation but must be delivered by land.
DES - Delivered Ex-Ship, named port of destination, not unloaded. This term is used for ocean shipments only.
DEQ - Delivered Ex-Quay, named port of destination, unloaded, not cleared. This term is used for ocean shipments only.
DDU - Delivered Duty Unpaid, named place of destination, not unloaded, not cleared. This term is used for any mode of transportation.
DDP - Delivered Duty Paid, named place of destination, not unloaded, cleared. This term is used for any mode of transportation

 

   

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