General Logistic
Incoterms 2020
ICC Incoterms 2020 rules allocate obligations, costs and risks between seller and buyer.
EXW
Goods are made available at the seller’s premises.
FCA
Goods are handed to the carrier at the agreed place.
CPT
Seller pays carriage; risk passes on handover to the carrier.
CIP
Like CPT, with insurance arranged by the seller.
DAP
Delivery at destination, ready for unloading.
DPU
Delivery at destination after unloading.
DDP
Seller handles import clearance and pays import duties.
FAS
Delivery alongside the ship at the agreed port.
FOB
Risk passes when goods are on board the vessel.
CFR
Seller pays freight; risk passes on loading aboard.
CIF
Like CFR, with insurance arranged by the seller.