The INCOTERMS by:Amit Jhuraney
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 SellerFCA - 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.
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About the author
Amit Jhuraney is a student and learning more about export and import terms and policies .He appreciates the information in above mentioned site . The Home Business Dilemma - Success vs. Failure by:Chas Brothers Comprehending a Credit Report by:Melanie Cossey Fire Your Bank by:Michael Carey Cross Cultural Communication Consultants by:Neil Payne Tips to Energize Your Presentations by:Sandra Schrift A PR Question For Chinese Managers by:Robert A. Kelly Site Design....Site Disaster....What Do Your Visitors See? by:Debbie Reyes New Credit Scoring Model Could Help Millions by:James H. Dimmitt Hurdles to Cross Cultural Business Communication by:Neil Payne Attracting Clients With Ease by:Bernadette Doyle How to Achieve E-commerce Success -You Gotta Plan! by:Heidi Richards The Fine Art of Relationship Marketing by:Heidi Richards It Takes Two - How to Cultivate Profitable Alliances by:Heidi Richards