CFR (Cost and Freight)
A sea-only Incoterm where the seller pays ocean freight to the destination port, but risk passes to the buyer once goods …
Incoterms
CIP (Carriage and Insurance Paid To)
An Incoterm where the seller pays carriage and all-risks insurance to a named destination, while risk passes to the …
CPT (Carriage Paid To)
An Incoterm where the seller pays carriage to a named destination, but risk passes to the buyer when goods are handed to …
DAP (Delivered at Place)
An Incoterm where the seller delivers goods to a named destination ready for unloading, and the buyer handles unloading …
DDP (Delivered Duty Paid)
An Incoterm where the seller delivers goods to the buyer's named place, cleared for import with duties and taxes paid, …
DPU (Delivered at Place Unloaded)
An Incoterm where the seller delivers goods to a named place and unloads them there, while the buyer handles import …
EXW (Ex Works)
An Incoterm where the seller makes goods available at its own premises and the buyer handles loading, export, freight …
FAS (Free Alongside Ship)
A sea-only Incoterm where the seller clears goods for export and places them beside the buyer's vessel at the named port …
FCA (Free Carrier)
An Incoterm where the seller clears goods for export and hands them to the buyer's carrier at a named place, where risk …
Incoterms (International Commercial Terms)
A set of standard trade rules from the ICC that define who pays for transport, who bears risk, and who clears customs in …
CIF (Cost, Insurance and Freight)
An Incoterm where the seller pays the cost, insurance, and freight to bring goods to the buyer's destination port.
FOB (Free On Board)
An Incoterm where the seller delivers goods onboard the vessel and the buyer assumes cost and risk from that point.