Incoterms

International Commercial Terms define the responsibilities and the obligations of a seller and a buyer within the framework of international contracts of trade concerning loading, transport, type of transport, insurances and delivery. The Incoterms® 2010 are arranged in two categories as follows:

- Rules for Any Mode of Transport

EXW – Ex Works
FCA – Free Carrier
CPT – Carriage Paid To
CIP – Carriage and Insurance Paid
DAT – Delivered At Terminal
DAP – Delivered At Place
DDP – Delivered Duty Paid

- Rules for Sea and Inland Waterway Transport Only

FAS – Free Alongside Ship
FOB – Free On Board
CFR – Cost and Freight
CIF – Cost, Insurance and Freight