RULES FOR ANY MODE OR MODES OF TRANSPORT RULES FOR SEA AND INLAND WATERWAY TRANSPORT

Seller Buyer Seller Buyer

EXW FAS
Ex Works COSTS COSTS
Free Alongside Ship COSTS COSTS
(Insert named place of delivery) (Insert named port of shipment)
RISKS RISKS RISKS RISKS

FCA FOB
Free Carrier COSTS COSTS
Free On Board COSTS COSTS
(Insert named place of delivery) RISKS RISKS (Insert named port of shipment)
RISKS RISKS

CFR
COSTS COSTS Cost and Freight COSTS COSTS
RISKS RISKS (Insert named port of destination) RISKS RISKS

CPT CIF
Carriage Paid to Cost Insurance And COSTS COSTS
(Insert named place of destination)
COSTS COSTS
Freight RISKS RISKS
RISKS RISKS
(Insert named port of destination) INSURANCE

CIP
Carriage and COSTS COSTS
Insurance Paid To RISKS RISKS
(Insert named place of destination) INSURANCE

DAP INCOTERMS® 2020

Delivered at Place

REFERENCE GUIDE
COSTS COSTS
(Insert named place of destination) RISKS RISKS

DPU
Delivered at Named COSTS COSTS
Place, Unloaded RISKS RISKS
(Insert named place of destination)

DDP
Delivered Duty Paid COSTS COSTS
(Insert named place of destination) RISKS RISKS
 INCOTERMS® 2020 QUICK REFERENCE GUIDE
Incoterm Rule: FAS FOB CFR CIF EXW FCA CPT CIP DAP DPU DDP
Free Alongside Free On-Board Cost & Freight Cost Insurance & Ex- Works Free Carrier Carriage Paid to Carriage & Delivered at Delivered at Delivered Duty
** Use of "Named Ship (Named Vessel (Named (Named Port of Freight (Named (Named Place of (Named Place of (Named Place of Insurance Paid Place (Named Place Unloaded Paid (Named
Place/Port" is required for Port of Port of Destination) Port of Delivery) Delivery) Destination) To (Named Place Place of (Named Place of Place of
proper applicability of Shipment) shipment) Destination) of Destination) Destination) Destination) Destination)
Incoterms
Transport Mode Ocean Freight Only All Modes of Transport - Air, Ocean, Rail, Truck
Export Packing
Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Warehouse/Loading Charges at
Origin Point Seller Seller Seller Seller Buyer Seller Seller Seller Seller Seller Seller
Seller/
Pre-Carriage to named place
Seller Seller Seller Seller Buyer Buyer* Seller Seller Seller Seller Seller

Export Formalities
Seller Seller Seller Seller Buyer Seller Seller Seller Seller Seller Seller

Origin Terminal Charges

Seller Seller Seller Seller Buyer Buyer Seller Seller Seller Seller Seller

Loading on Exporting Carrier

Buyer Seller Seller Seller Buyer Buyer Seller Seller Seller Seller Seller

International Freight
Buyer Buyer Seller Seller Buyer Buyer Seller Seller Seller Seller Seller

Forwarder's Fees at Destination

Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Seller

Destination Terminal Charges

Buyer Buyer Buyer Buyer Buyer Buyer Buyer** Buyer** Seller Seller Seller
Security Filing (ISF filings to USA,
for ex.) Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller

Customs Formalities
Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller

Customs duties, taxes, fees

Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller

Delivery to Destination
Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Seller

Unloading at Delivery Point

Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Buyer
Incoterms® and the Incoterms® 2020 logo are trademarks of ICC. Use of these trademarks does not imply association with, approval of or sponsorship by ICC unless specifically stated.
* The seller can deliver the goods to the buyer (1) when the named place is the seller's premises the goods are delivered when they are loaded on the means of transport provided by the buyer; or (2) when after
having been loaded on the buyer's transport, then reach the named other place, and are at the disposal of the carrier or another person as nominated by the buyer
** Buyer should pay unloading costs, unless such costs are for the seller's account per the contract of carriage
How to reach us: 1 800 283 8888
The chosen Incoterms Rules work as intended only if the parties specify the named place or port as precisely as possible. For example: FCA 38 Cours Albert, Paris France Incoterms 2020. The named place could be
the shipper's premises - an airport or seaport - the consignee's specific location - or anywhere in between.
Rev 10.19a
ALL MODES OF TRANSPORTATION

EXW – Ex Works (….named place of delivery)

The Seller’s only responsibility is to make the goods available at the Seller’s premises. The Buyer bears full costs and risks of loading and moving the goods from there to destination, including arranging for the export clearance. It is not recommended for
international moves.

FCA – Free Carrier (…named place of delivery)

Delivery is made either when goods are (1) loaded on the means of transport provided by the buyer at the seller’s stated location; or (2) when placed at the disposal of the buyer’s carrier, cleared for export by the seller. From either point of delivery, the Buyer
bears the costs and risks of moving the goods to destination. The named place/address is required when FCA is used.

CPT – Carriage Paid To (…named place of destination)

The Seller delivers and transfers risk of loss or damage by handing over goods to the carrier chosen by the seller, cleared for export, who pays for moving the goods to the named place of destination. From the time the goods are transfered to the first carrier, the
Buyer bears the risks of loss or damage.

CIP – Carriage And Insurance Paid To (…named place of destination)

The Seller delivers and transfers risk of loss or damage by handing over goods to the carrier chosen by the seller, cleared for export, who pays for moving the goods to the named place of destination. From the time the goods are transferred to the first carrier,
the Buyer bears the risks of loss or damage. The Seller, however, purchases cargo insurance thru to the named place of destination.

DPU – Delivered At Named Place, Unloaded (named address/place of destination)

The Seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the Buyer’s disposal at a place of destination. The Seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port
or place of destination. DPU is the only Incoterms where the Seller must pay for unloading at destination. As seller is responsible for unloading the goods at destination it is highly recommended to be as specific as possible as to the named address/place of
destination as all costs thru to unloading are for the selller’s account.

DAP – Delivered At Place (…named address/place of destination)

The Seller delivers when the goods are placed at the Buyer’s disposal on the arriving means of transport ready for unloading at the named place of destination or at the agreed point within that place, if any such point is agreed. The Seller bears all risks involved
in bringing the goods to the named place. Delivery & Arrival at destination are the same.

DDP – Delivered Duty Paid (…named address/place of destination)

The Seller delivers the goods to the buyer when the goods are placed at the disposal of the buyer, cleared for import, on the arriving means of transport, ready for unloading, at the named place of destination. The Seller bears all costs and risks of moving the
goods to destination, including the payment of Customs duties and taxes. There are limitations to DDP, as Customs formalities in the importing country may not readily allow the seller to be the legal importer of record; DAP or DPU are suggested Incoterms in
such cases.

OCEAN TRANSPORTATION ONLY

FAS - Free Alongside Ship (...named wharf/seaport)

The Seller delivers the goods to the buyer when the goods are cleared for export then placed alongside the ship nominated by the buyer at the named port of shipment. From that point, the Buyer bears all costs and risks of loss or damage.

FOB – Free On Board (…named wharf/seaport of shipment)

The Seller delivers the goods to the buyer on board the vessel nominated by the buyer, cleared for export, at the named wharf/seaport of shipment. From that point, the Buyer bears all costs and risks of loss or damage.

CFR – Cost And Freight (…named wharf/seaport of destination) in linkedin.com/company/Mainfreight

The Seller delivers the goods to the buyer on board the vessel, cleared for export to the named port of destination. The Buyer bears all risks of loss or damage once on board. Where more than one mode of transport is to be used, such as when goods are handed over to a carrier at
a container terminal, it is highly recommended to use CPT instead. Mainfreight.com

CIF – Cost Insurance And Freight (…named wharf/seaport of destination)

The Seller delivers the goods to the buyer on board the vessel, cleared for export to the named port of destination. The Buyer bears all risks of loss or damage once on board. The Seller, however, purchases the cargo insurance to the named wharf/seaport of destination. Where
more than one mode of transport is to be used, such as when goods are handed over to a carrier at a container terminal, it is highly recommended to use CPT instead.