international commercial terms

EXW Ex Works

 

Ex-Works named a place where the shipment is available to the buyer, not loaded. The seller will not contract for any transportation.

 

FCA Free Carrier

 

Free Carrier, unloaded at the seller’s dock OR a named place where the shipment is available to the international carrier or agent, not loaded.

This term can be used for any mode of transport.

 

FAS Free Alongside Ship

 

Free Alongside Ship, named the ocean port of shipment.

Ocean shipments that are NOT containerized.

 

FOB Free On Board

 

Free On Board vessel, named the ocean port of shipment.

This term is used for ocean shipments only where it is important that the goods pass the ship’s rail.

 

CIF Cost, Insurance and Freight

 

Cost and Freight, Named ocean port of destination.

This term is used for ocean shipments that are not containerized.

 

CPT Carriage Paid To

 

Carriage Paid To named place or port of destination.

This term is used for air or ocean containerized and roll-on roll-off shipments.

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CIP Carriage and Insurance Paid To

 

Carriage and Insurance Paid To named a place or port of destination.

This term is used for air or ocean containerized and roll-on roll-off shipments.

 

DAF Delivered At Frontier

 

Delivered At Frontier, named the place of destination, by land, not unloaded.

This term is used for any mode of transportation but must be delivered by land.

 

DES Delivered Ex Ship

 

Delivered Ex-Ship, named port of destination, not unloaded.

This term is used for ocean shipments only.

 

DEQ Delivered Ex Quay

 

Delivered Ex-Quay, named port of destination, unloaded, not cleared.

This term is used for ocean shipments only.

 

DDU Delivered Duty Unpaid

 

Delivered Duty Unpaid, named the place of destination, not unloaded, not cleared.

This term is used for any mode of transportation.

 

DDP Delivered Duty Paid

 

Delivered Duty Paid, named the place of destination, not unloaded, cleared.

This term is used for any mode of transportation.