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Incoterms

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Most Common INCOTERMS

Most Common INCOTERMS

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  • 1. INCOTERMS 2000 These are in ternationally accepted co mmercial terms defining the respective roles and responsibilities (including costs ) of the buyer and seller in the arrangement of transportation and other obligations INCOTERMS Jorge Lopez Sugar Division
  • 2. INCOTERMS 2000
    • Group E - Departure :
      • EXW. Ex Works (named place)
    • Group F - Main Carriage Unpaid:
      • FCA Free Carrier (named place)
      • FAS Free Alongside Ship (named loading port )
      • FOB Free On Board (named loading port )
  • 3. INCOTERMS 2000
    • Group C - Main Carriage Paid:
      • CFR Cost and Freight (named destination port )
      • CIF Cost, Insurance and Freight (named destination port )
      • CPT Carriage Paid To (named destination)
      • CIP Carriage and Insurance Paid to (named destination)
    • Group D - Arrival:
      • DAF Delivered At Frontier (named place)
      • DES Delivered Ex Ship (named port )
      • DEQ Delivered Ex Quay (named port )
      • DDU Delivered Duty Unpaid (named destination place)
      • DDP Delivered Duty Paid (named destination place)
  • 4. Incoterms 2000 EXW SELLER BUYER FCA FAS FOB CFR CIF CPT CIP DES DEQ DDU DDP DAF FCA CPT CIP
  • 5. INCOTERMS 2000 EXW
    • Group E - Departure:
      • EXW. Ex Works (named place)
    ------ = Buyer’s COST & CONTROL SELLER BUYER
  • 6. INCOTERMS 2000 FCA FAS FOB Group F - Main Carriage Unpaid: FCA Free Carrier (named place) – previously FRC FAS Free Alongside Ship (named loading port ) FOB Free On Board (named loading port ) =Seller’s COST & CONTROL ------ = Buyer’s COST & CONTROL FCA FCA SELLER BUYER
  • 7. INCOTERMS 2000 CFR CIF CPT CIP
    • Group C - Main Carriage Paid : (by the seller)
      • CFR Cost and Freight (named destination port )
      • CIF Cost, Insurance and Freight (named destination port )
      • CPT Carriage Paid To (named destination)
      • CIP Carriage and Insurance Paid to (named destination
    =Seller’s COST & CONTROL ------ = Buyer’s COST & CONTROL CPT CIP SELLER BUYER
  • 8. INCOTERMS 2000 DDU DDP
    • Group D - Arrival:
      • DAF Delivered At Frontier (named place)
      • DES Delivered Ex Ship (named port )
      • DEQ Delivered Ex Quay (named port )
      • DDU Delivered Duty Unpaid (named destination place)
      • DDP Delivered Duty Paid (named destination place)
    =Seller’s COST & CONTROL ------ = Buyer’s COST & CONTROL DES DEQ DAF DDU DDP SELLER BUYER