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incoterms

Freight Forwarding & INCOTERMS® Common Terms

Defined by the International Chamber of Commerce (ICC), INCOTERMS® 2010 are a commonly in international commercial transport to clearly stipulate the obligations of buyers and sellers within international transactions and procurement processes.

Within the terms exist two categories, common terms and terms specific for sea and inland waterway transport.

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Common INCOTERMS® from all modes of transport (group 1)

These group 1 terms are common to all forms of transport.

CIPCarriage and Insurance Paid To
CPTCarriage Paid To
DATDelivered at Terminal
DAPDelivered at Place
DDPDelivered Duty Paid
DDUDelivered Duty Unpaid
EXWEx Works
FCAFree Carrier

Common INCOTERMS® for sea and inland waterway transport only (group 2)

These group 2 terms are only used for sea and inland waterway transport.

CIFCost, Insurance, and Freight
CFRCost and Freight
FASFree Alongside Ship
FOBFree on Board

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