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Incoterms

Recommended for Seafreight only

TERM FAS FOB CFR CIF DES DEQ
DESCRIPTION FREE ALONGSIDE SHIP FREE ON BOARD COST & FREIGHT COST INSURANCE & FREIGHT DELIVERED EX SHIP DELIVERED EX QUAY DUTY PAID
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 On Ship at Port of Destination On Wharf at Port of Destination
PACKING COST FOR Seller Seller Seller Seller Seller Seller
INLAND COST OF DELIVERY Seller Seller Seller Seller Seller Seller
COMMERCIAL INVOICE Seller Seller Seller Seller Seller Seller
PROOF OF DELIVERY Seller Seller Seller Seller Seller Seller
TRANSPORT DOCUMENTS Buyer # Buyer # Seller Seller Seller Seller
EXPORT CUSTOMS Buyer Seller Seller Seller Seller Seller
OCEAN / AIR FREIGHT Buyer Buyer Seller Seller Seller Seller
INSURANCE Buyer Buyer Buyer Seller Seller Seller
IMPORT DUTY Buyer Buyer Buyer Buyer Buyer Seller
DELIVERY AT DESTINATION Buyer Buyer Buyer Buyer Buyer Buyer

Recommended for all modes of transport

TERM EXQ FCA CPT CIP DAF DDU DDP
DESCRIPTION EX WORKS FREE CARRIER* CARRIAGE PAID TO CARRIAGE & INSURANCE PAID TO DELIVERED AT FRONTIER DELIVERED DUTY UNPAID 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 or Buyer # 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 Seller Seller Seller
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 2000" OR "FCA SELLER'S FACTORY MELBOURNE INCOTERMS 2000"

# Although the responsibility for obtaining these documents is the Buyer's, the Seller is required to "render the Buyer at the latter's request, risk and expense every assistance in obtaining..." (them). This also applies to any other document issued in the country of shipment / origin which the buyer may require for exportation.

* For FCA, COT and CIP terms, inland delivery costs to the port or airport of departure will be borne by the Seller if the first carrier takes delivery at the port or airport and by the buyer if the goods are handed to the first carrier at the Seller's premises.

Note: The above information is a guideline only. D&V Recommends that for further clarification and detail, reference to Incoterms 2000 will be required.