Seller

Carrier

Zo
lll

Zo
lll

ou
an
e

D
ou
an
e

Insurance liability, assumption of risks

and costs pursuant to Incoterms 2010

Border

Port

Ship

Port

Named Place

Buyer

Seller

Carrier

Border

Port

Ship

Port

Named Place

Buyer

with import clearance

EXW (EX WORKS)

DDP (DELIVERED DUTY PAID)

FCA (FREE CARRIER)

FAS (FREE ALONGSIDE SHIP)

CPT (CARRIAGE PAID TO)

FOB (FREE ON BOARD)

obligation

CIP (CARRIAGE AND INSURANCE PAID TO)

CFR (COST AND FREIGHT)

recommended

DAT (DELIVERED AT TERMINAL)

Seller delivers when the goods, once unloaded from the arriving means of transport, are placed
at the disposal of the buyer at a named terminal at the named port or place of destination.

DAP (DELIVERED AT PLACE)

Seller delivers when the goods are placed at the disposal of the buyer on the arriving means
of transport ready for unloading at the named place of destination.

recommended

CIF (COST, INSURANCE AND FREIGHT)

The risk is borne by the seller

The risk is borne by the buyer

The costs are borne by the seller

The costs are borne by the buyer

Transport insurance is the

responsibility of the seller

Clauses for sea and inland

water transport
Source: Incoterms 2010 by International Chamber of Commerce

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