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