|
Group |
Terms |
Explanation |
|
E |
EXW
(Ex Works) |
"EX Works" means that the seller delivers
when it places the goods at the disposal of the buyer at
the seller's premises or at another named place (i.e., works,
factory, warehouse, etc.).
|
|
F |
FCA
(Free Carrier) |
"Free Carrier" means that the seller delivers
the goods to the carrier or another person nominated
by the buyer at the seller's premises or another named place.
|
FAS
(Free Alongside Ship) |
"Free Alongside ship" means that the seller
delivers when the goods are placed alongside the vessel(e.g.,
on a quay or a barge) nominated by the buyer at the named
port of shipment.
|
FOB
(Free On Board) |
"Free on Board" means that the seller delivers the goods
on board the vessel nominated by the buyer at the named
port of shipment or procures the goods already so delivered. |
|
C |
CFR
(Cost and Freight) |
"Cost and Freight" means that the seller delivers the goods
on board the vessel or procures the goods already so delivered. |
CIF
(Cost, Insurance and Freight) |
"Cost, Insurance and Freight" means that the seller delivers
the goods on board the vessel or procures the goods already
so delivered. |
|
CPT(Carriage paid to) |
"Carriage Paid To" means that the seller delivers the goods
to the carrier or another person nominated by the seller
at an agreed place(if any such place is agreed between the
parties) and that the seller must contract for and pay the
costs of carriage necessary to bring the goods to the named
place of destination. |
CIP
(Carriage and insurance paid to) |
"Carriage and Insurance Paid to" means that the seller delivers
the goods to the carrier or another person nominated by
the seller at an agreed place(if any such place is agreed
between the parties) and that the seller must contract for
and pay the costs of carriage necessary to bring the goods
to the named place of destination. |
|
D |
DAT
(Delivered at Terminal) |
"Delivered at Terminal" means that the 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) |
"Delivered at Place" means that the 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. |
DDP
(Delivered duty paid) |
"Delivered Duty Paid" means that the seller delivers the
goods when the goods are placed at the disposal of the buyer,
cleared for import on the arriving means of transport ready
for unloading at the named place of destination. |
