For more information please click on a category below:
- Incoterms
- Container Specifications
- Shipping Terminology
- Risky Business - What You Should Know
- Useful Links
- Standard Trading Terms & Conditions
Incoterms
Recommended for Seafreight only
| TERM | FAS | FOB | CFR | CIF |
| DESCRIPTION | FREE ALONGSIDE SHIP | FREE ON BOARD | COST & FREIGHT | COST INSURANCE & FREIGHT |
| DELIVERY TAKES PLACE AT | Ship's Side at Port of Shipment | Ship's Rail at Port of Shipment | Ship's Rail at Port of Shipment | Ship's Rail at Port of Shipment |
| PACKING COST FOR | Seller | Seller | Seller | Seller |
| INLAND COST OF DELIVERY | Seller | Seller | Seller | Seller |
| COMMERCIAL INVOICE | Seller | Seller | Seller | Seller |
| PROOF OF DELIVERY | Seller | Seller | Seller | Seller |
| TRANSPORT DOCUMENTS | Buyer | Buyer | Seller | Seller |
| EXPORT CUSTOMS | Buyer | Seller | Seller | Seller |
| OCEAN / AIR FREIGHT | Buyer | Buyer | Seller | Seller |
| INSURANCE | Buyer | Buyer | Buyer | Seller |
| IMPORT DUTY | Buyer | Buyer | Buyer | Buyer |
| DELIVERY AT DESTINATION | Buyer | Buyer | Buyer | Buyer |
Recommended for all modes of transport
| TERM | EXW | FCA | CPT | CIP | DAT | DAP | DDP |
| DESCRIPTION | EX WORKS | FREE CARRIER | CARRIAGE PAID TO | CARRIAGE & INSURANCE PAID TO | DELIVERED AT TERMINAL | DELIVERED AT PLACE | DELIVERED DUTY PAID |
| DELIVERY TAKES PLACE AT | Seller's Premise | First Carrier | First Carrier | First Carrier | Named Frontier | Named Place | Named Place |
| PACKING COST FOR | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
| INLAND COST OF DELIVERY | Buyer | Seller or Buyer | Seller or Buyer | Seller or Buyer | Seller | Seller | Seller |
| COMMERCIAL INVOICE | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
| PROOF OF DELIVERY | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
| TRANSPORT DOCUMENTS | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller |
| EXPORT CUSTOMS | Buyer | Seller | Seller | Seller | Seller | Seller | Seller |
| OCEAN / AIR FREIGHT | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller |
| INSURANCE | Buyer | Buyer | Buyer | Seller | Buyer | Buyer | Buyer |
| IMPORT DUTY | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller |
| DELIVERY AT DESTINATION | Buyer | Buyer | Buyer | Buyer | Seller | Seller | Seller |
ALL OF THE ABOVE TERMS MUST STATE A NAMED PLACE AND THE EDITION OF INCOTERMS
USED AFTER THE TERM.
EG: "CIP HAMBURG INCOTERMS 2010" OR "FCA SELLER'S FACTORY MELBOURNE INCOTERMS
2010"
Note: The above information is a guideline only. D&V Recommends that for further clarification and detail, reference to Incoterms 2010 will be required.