The seven Incoterms rules for any mode(s) of transport

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Update time : 2024-03-13 16:28:44


The seven Incoterms® 2020 rules for any mode(s) of transport are: 

    EXW - Ex Works (insert place of delivery)

    FCA  - Free Carrier (Insert named place of delivery) 

    CPT  - Carriage Paid to (insert place of destination) 

    CIP -  Carriage and Insurance Paid To (insert place of destination)  

    DAP - Delivered at Place (insert named place of destination)  

    DPU - Delivered at Place Unloaded (insert of place of destination)  

    DDP - Delivered Duty Paid (Insert place of destination).  

    Note: the DPU Incoterms replaces the old DAT, with additional requirement for the seller to unload the goods from the arriving means of transport. 

The four Incoterms® 2020 rules for Sea and Inland Waterway Transport are: 

     FAS - Free Alongside Ship (insert name of port of loading) 

     FOB - Free on Board (insert named port of loading) 

     CFR - Cost and Freight (insert named port of destination) 

     CIF -  Cost Insurance and Freight (insert named port of destination) 

 


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