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    Incoterm 2010

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    Cirlig Vasile
    The document defines various Incoterms 2010 that specify responsibilities of buyers and sellers for transportation and delivery of goods. It lists 13 Incoterms including EXW, FCA, CPT, CIP, DAP, DAT, DDP, FAS, FOB, CFR, CIF that specify whether the seller or buyer is responsible for costs and risks of loss or damage during transport. The Incoterms provide standardized definitions for international commercial law terms related to delivery of goods.

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    Download as PDF, TXT or read online from Scribd

    Incoterm 2010

    Uploaded by

    Cirlig Vasile
    26 views1 page
    The document defines various Incoterms 2010 that specify responsibilities of buyers and sellers for transportation and delivery of goods. It lists 13 Incoterms including EXW, FCA, CPT, CIP, DAP, DAT, DDP, FAS, FOB, CFR, CIF that specify whether the seller or buyer is responsible for costs and risks of loss or damage during transport. The Incoterms provide standardized definitions for international commercial law terms related to delivery of goods.

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    Incoterm2010

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    Incoterm2010

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    The document defines various Incoterms 2010 that specify responsibilities of buyers and sellers for transportation and delivery of goods. It lists 13 Incoterms including EXW, FCA, CPT, CIP, DAP, DAT, DDP, FAS, FOB, CFR, CIF that specify whether the seller or buyer is responsible for costs and risks of loss or damage during transport. The Incoterms provide standardized definitions for international commercial law terms related to delivery of goods.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    26 views1 page

    Incoterm 2010

    Uploaded by

    Cirlig Vasile
    The document defines various Incoterms 2010 that specify responsibilities of buyers and sellers for transportation and delivery of goods. It lists 13 Incoterms including EXW, FCA, CPT, CIP, DAP, DAT, DDP, FAS, FOB, CFR, CIF that specify whether the seller or buyer is responsible for costs and risks of loss or damage during transport. The Incoterms provide standardized definitions for international commercial law terms related to delivery of goods.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Incoterms 2010

    Premises Customs Clearance (Exports) Loading Inland Freight On-board Carrier Not Alongside Ship Unloaded Port of Loading Port of Loading On-board Alongside Ship Port of Port of Destination Destination Named Destination Customs Clearance (Imports) Inland Freight Premises Not Unloaded

    EXW Ex-Works FCA Free Carrier FCA Free Carrier CPT Carriage Paid To CIP Carriage and Insurance Paid To DAP Delivered At Place DAT Delivered At Terminal DDP Delivered Duty Paid FAS Free Alongside Ship FOB Free on Board CFR Cost and Freight CIF Cost, Insurance and Freight

    Sellers Premises

    Delivered at Sellers Premises

    Delivered at Carriers Premises

    Named Place of Destination

    Named Place of Destination

    obligation

    Named Place of Destination

    Named Place of Destination

    Named Place of Destination

    Port of Shipment

    Port of Shipment

    Named Port of Destination

    Named Port of Destination

    obligation Sea and inland water transport only Insurance is the responsibility of the seller CIF: seller usually insures until Named Destination Point in transit where goods may be lost or damaged, a risk buyers and sellers can protect themselves from by means of insurance
    Source: Incoterms 2010 by the International Chamber of Commerce

    Risk is borne by the seller Costs are borne by the seller

    Risk is borne by the buyer Costs are borne by the buyer

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