The Term Introduction

Variants of Incoterms

CFR - COST AND FREIGHT (…named port of destination)

CIF - COST, INSURANCE AND FREIGHT (…named port of destination)

CIP - CARRIAGE AND INSURANCE PAID TO (…named place of destination)

CPT - CARRIAGE PAID TO (…named place of destination)

DAF - DELIVERED AT FRONTIER (…named place)

DDP - DELIVERED DUTY PAID (…named place of destination)

DDU - DELIVERED DUTY UNPAID (…named place of destination)

DEQ - DELIVERED EX QUAY (…named port of destination)

DES - DELIVERED EX SHIP (…named port of destination)

EXW - EX WORKS (…named place)

FAS - FREE ALONGSIDE SHIP (…named port of shipment)

FCA - FREE CARRIER (…named place)

FOB - FREE ON BOARD (…named port of shipment)

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