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FOB, CFR ...
|CFR ||Cost and Freight ||seller pays the costs necessary to bring the goods to named port of destination |
|CIF ||Cost, Insurance and Freight ||same as CFR but in addition the seller includes marine insurance loss or damage to goods during shipment |
|CIP ||Carriage and Insurance Paid To ||same as CPT, but in addition the seller includes insurance loss of or damage to the goods during carriage |
|CPT ||Carriage Paid To ||seller pays freight to named destination |
|DAF ||Delivered At Frontier ||seller clears the goods for export at named destination - but before the customs |
|DDP ||Delivered Duty paid ||seller deliver the goods at named destination - pays charges of delivering the goods to be cleared at custom |
|DDU ||Delivered Duty Unpaid ||seller deliver the goods at named destination |
|DES ||Delivered Ex Ship ||seller deliver the goods on board the ship, uncleared for import at named destination - seller pays to bring the goods to named destination |
|DEQ ||Delivered Ex Quay, [Duty Paid] ||seller deliver the goods at named destination - cleared for importation |
|EXW ||Ex Works ||seller makes the goods available at his premises |
|FAS ||Free Alongside Ship ||seller sends the goods to alongside the vessel - or in the named port of shipment |
|FCA ||Free Carrier ||seller hands over the goods cleared for export to the charge of the carrier named by the buyer at named place |
|FOB ||Free On Board ||seller clears the goods for export at named port of shipment |
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- Engineering ToolBox, (2010). Shipping - Cost, Payment Terms and Conditions (TERMS). [online] Available at: https://www.engineeringtoolbox.com/material-shipping-payment-terms-d_1697.html [Accessed Day Mo. Year].
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