Incoterms Terms
Incoterms Terms
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Incoterms 2010 CFR Cost and Freight (... named port of destination)
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Incoterms 2010 CIF Cost, Insurance and Freight (... named port of destination)
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Incoterms 2010 CIP Carriage and Insurance Paid To (... named place of destination)
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Incoterms 2010 CPT CARRIAGE PAID TO (... named place of destination)
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Incoterms 2010
DAT (Delivered At Terminal (... named terminal of destination))
DAP (Delivered At Piont (... named point of destination) )
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Incoterms 2010 DDP (Delivered Duty Paid (... named place of destination))
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Incoterms 2010 EX WORKS (... named place)
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Incoterms 2010 FAS FREE ALONGSIDE SHIP (... named port of shipment)
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Incoterms 2010 FCA FREE CARRIER (... named place)
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Incoterms 2010 FOB FREE ON BOARD (... named port of shipment)
FOB - Free on Board - (named port of shipment) means that the seller fulfils his obligation to deliver when the goods have passed over the ship's rail at the named port of shipment. This means that the buyer has to bear all costs and risks of loss of or damage to the goods from that point.
The FOB term requires the seller to clear the goods for export.
This term can only be used for sea or inland waterway transport. When the ship's rail serves no-practical purpose. such as in the case of roll-on/roll off or container traffic the FCA term is more appropriate to use.
A. The seller must