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Basic overview of the Incoterms® 2010 rulesThis guide is designed to give you a quick overview of the Incoterms®
rules frequently used worldwide in international and domestic contracts, illustrating responsibilities between buyer and seller for costs and risk, as well as cargo insurance.
”Incoterms” is a registered trademark of the International Chamber of Commerce.
Read more about Incoterms® rules from the official International Chamber of Commerce (ICC) website. You can also order the “Incoterms® 2010” publication and sign up for online training on the Incoterms® rules at www.iccwbo.org.
Basic overview of the Incoterms® 2010 rules
Seller's premises Carrier's terminal at origin
Loaded on board of vessel at port of origin
Unloaded from vessel at port of destination
Named Terminal Buyer's (consignee) premises
EX Works
Free Carrier
Free On Board(Ocean freight only)
Free Along Side (Ocean freight only)
Cost and Freight (Ocean freight only)
Cost Insurance and Freight
Carriage Paid To
Carriage and Insurance Paid To
Delivered At Terminal
Delivered At Place
Delivered Duty Paid
Seller's costBuyer's (consignee) costSeller's riskBuyer's (consignee) riskSeller's obligation to arrange cargo insurance
Legend
"Pre
paid
" te
rms
DAP named place of destination
DDP named place of destination
named place of destinationCIP
CPT named place of destination
DAT named terminal or place of destination
"Col
lect
" te
rms
CFR named port of destination
CIF named port of destination
FOB named port of shipment
FAS named port of shipment
EXW named place of delivery
FCA named place of delivery