Logistics

Incoterms, container specifications, tracking ...

The Incoterms® rules are an internationally recognized standard and are used worldwide in international and domestic contracts for the sale of goods. Incoterms® rules provide internationally accepted definitions and rules of interpretation for most common commercial terms.

Below you will find a chart that explains each rule, stating the risks, costs, transports and insurance each party incurs with the choice of each specific Incoterm®.

	Seller		Carrier		Border		Port		Ship		Port		Named place		Buyer


CFR Cost and freight	Risk Costs

CIF Cost, insurance and freight	Risk Costs	Insurance

CIP Carriage and insurance	Risk Costs		Insurance

CPT Carriage paid to	Risk Costs

DAP Delivered at place	Risk Costs

DAT Delivered at Terminal	Risk Costs

DDP Delivered duty paid	Risk Costs			with import clearance

EXW Ex Works	Risk Costs

FAS Free alongside ship	Risk Costs

FCA Free Carrier	Risk Costs

FOB Free on board	Risk Costs