Classification of the 11 Incoterms 2010 Rules
Rules for any modes of transportation are as follows: EXW - Ex-Works FCA - Free Carrier CTP - Carriage Paid To CIP - Carriage and Insurance Paid to DAT - Delivered At Terminal DAP - Delivered At Place DDP - Delivered Duty Paid Rules for Sea and Inland waterway transportation: FAS - Free Alongside Ship FOB - Free On Board CFR - Cost and Freight CIF - Cost Insurance and Freight The definitions of each Incoterm rules are based on the following: Ex-Works (......name place of delivery) - EXW Carriage of goods to be arrange by the buyer. Risk is transfer from the seller to the buyer when the good are at the disposal of the buyer. The Cost is transfer from the seller to the buyer when the goods are at the disposal of the buyer. Free Carrier (......name place of delivery) - FCA Carriage of goods to be arranged by the buyer or by the seller on the buyer's behalf. Risk transfer from the seller to the buyer when the goods have been delivered to the carrier at the named place. The Cost is tran...