Incoterms Delivery basis

INCOTERMS

The chart below summarizes the responsibilities of the buyer and seller for each of the current INCOTERMS. In addition, please see definition at the end of the chart.

EXW

FCA

FAS

FOB

CFR

CIF

CPT

CIP

DAF

DES

DEQ

DDU

DDP

SERVICES

Ex Works

Free Carrier

Free Along-

side Ship

Free Onboard Vessel

Cost & Freight

Cost Insu-

rance & Freight

Carriage Paid To

Carriage Insur-

ance Paid To

Deli-

vered At Frontier

Deli-

vered Ex Ship

Deli-

vered Ex Quay Duty Unpaid

Deli-

vered Duty Unpaid

Deli-

vered Duty Paid

Warehouse Storage

Seller

Warehouse Labor

Seller

Export Packing

Seller

Loading Charges

Buyer

Seller

Inland Freight

Buyer

Buyer/
Seller*

Seller

Terminal Charges

Buyer

Seller

Forwarder's Fees

Buyer

Seller

Loading On Vessel

Buyer

Seller

Ocean/Air Freight

Buyer

Seller

Charges On Arrival At Destination

Buyer

Seller

Buyer

Seller

Duty, Taxes & Customs Clearance

Buyer

Seller

Delivery To Destination

Buyer

Seller

* There are actually two FCA terms: FCA Seller's Premises where the seller is responsible only for loading the goods and not responsible for inland freight; and FCA Named Place (International Carrier) where the seller is responsible for inland freight.

INCOTERMS

Origin Terms

EXW - Ex-Works, named place where shipment is available to the buyer, not loaded.
The seller will not contract for any transportation.

International Carriage NOT Paid by Seller

FCA - Free Carrier, unloaded at the seller's dock OR a named place where shipment is available to the international carrier or agent, not loaded.
This term can be used for any mode of transport.

FAS - Free Alongside Ship, named ocean port of shipment.
Ocean shipments that are NOT containerized.

FOB - Free On Board vessel, named ocean port of shipment.
This term is used for ocean shipments only where it is important that the goods pass the ship's rail.

International Carriage Paid by the Seller

CFR - Cost and Freight, Named ocean port of destination.
This term is used for ocean shipments that are not containerized.

CIF - Cost, Insurance and Freight, named ocean port of destination.
This term is used for ocean shipments that are not containerized.

CPT - Carriage Paid To, named place or port of destination.
This term is used for air or ocean containerized and roll-on roll-off shipments.

CIP - Carriage and Insurance Paid To, named place or port of destination.
This term is used for air or ocean containerized and roll-on roll-off shipments.

Arrival At Stated Destination

DAF - Delivered At Frontier, named place of destination, by land, not unloaded.
This term is used for any mode of transportation but must be delivered by land.

DES - Delivered Ex-Ship, named port of destination, not unloaded.
This term is used for ocean shipments only.

DEQ - Delivered Ex-Quay, named port of destination, unloaded, not cleared.
This term is used for ocean shipments only.

DDU - Delivered Duty Unpaid, named place of destination, not unloaded, not cleared.
This term is used for any mode of transportation.

DDP - Delivered Duty Paid, named place of destination, not unloaded, cleared.
This term is used for any mode of transportation.

STP Shipping & Trading Inc

Shipping, Chartering, Forwarding