INCOTERMS

Introduction

Classification of Incoterms

The Need for New Incoterms

Arrangement of Transportation

The Buyer Arranges the Transportation

The Seller Arranges Transportation

The Four Incoterm-Groups

Introduction

Group E

EXW - Ex Works

Group F

FCA - Free Carrier

FAS - Free Alongside Ship

FOB - Free On Board

FOB Antwerp

First Thesis

Second Thesis

Group C

CFR - Cost and Freight

CIF - Cost Insurance and Freight

CPT - Carriage Paid To

CIP - Carriage and Insurance Paid To

Group D

DAF - Delivered At Frontier

DES - Delivered Ex Ship

DEQ (Duty Paid) - Delivered Ex Quay (Duty Paid)

DDP - Delivered Duty Paid

DDU - Delivered Duty Unpaid

Summary and General Remarks

Liner Terms