FAS

Free Alongside Ship (FAS) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For...

DAT

Delivered at Terminal (DAT) Can be used for any transport mode, or where there is more than one transport mode. The seller is responsible for arranging carriage and for delivering the goods, unloaded from the arriving conveyance, at the named place. Risk transfers...

DAP

Delivered at Place (DAP) Can be used for any transport mode, or where there is more than one transport mode. The seller is responsible for arranging carriage and for delivering the goods, ready for unloading from the arriving conveyance, at the named place.   (An...

DDP

The term Delivery Duty Paid, known with the acronym D.D.P., establishes that all transport expenses until the agreed destination, as well as the expenses for obtaining licences and documentation for export from the country of origin and whose for export customs...

CIP

The delivery Carriage and Insurance Paid to is valid for all types of transport and it establishes that the seller must bear all expenses until the specified arrival destination, as well as expenses for obtaining licences and documentation for export from the country...

CPT

The term Carriage Paid To is valid for all types of transport and it establishes that the seller must bear all transport expenses until a specified arrival destination, as well as expenses for obtaining licences and documentation for export from the country of origin...

CIF

The term Cost, Insurance and Freight is used in maritime transport and it establishes that the seller must bear all transport expenses until the destination, including possible expenses for unloading the ship, as well as expenses for obtaining licences and...

CFR

The term Cost and Freight, also known with the abbreviation CFR (C&F), is mainly used in maritime transport. It establishes that the seller must bear all transport expenses until the destination, including possible expenses for unloading the ship, as well as costs...

FOB

The expression Free On Board has arisen mainly for maritime transport and it establishes that the seller must bear all transport expenses until the port of shipment, including possible costs for setting the goods on board of the ship, as well as the costs for...

FCA

The term Free Carrier is understood as the transport which is not paid. The notion FCA, which must be completed with the specific indication of a place, binds the seller to prepare the goods on the date agreed, arranging the supply of the appropriate documentation for...

EXW

The term Ex Works, also known with the acronym EXW and which must be completed with the specific indication of a place, binds the seller into preparing the goods in his premises (factory, warehouse, etc.) on the date agreed, only arranging the supply of the...