Incoterms 2010
Incoterms 2010 is the International Rules in a dictionary format. They regulate the rights and duties of the parties (Seller and Buyer) under a sales contract, in the sphere of goods delivery.
11 terms are defined In Incoterms 2010. Each of them is determined by a three-letter abbreviation. 7 of these terms are applicable to all means of transport, 4 – only for maritime transport and transport of territorial waters.
| Category E – Shipping | |||
| EXW | ex works | Buyer gets the goods from the Seller’s warehouse, which is stated in the contract. The Buyer pays for export duties.. | Any means of transport |
| Category F – Main delivery is not paid by the Seller | |||
| FCA | free carrier | Goods are delivered to the main carrier of the Buyer, which is stated in the contract. The Seller pays export duties. | Any means of transport |
| FOB | free on board | Cargo is loaded on the Buyer’s ship. The Seller pays for transshipment. | Maritime transport and transport of territorial waters |
| FAS | free alongside ship | The goods are delivered to the ship of the Buyer. The port of loading is stated in the contract. The buyer pays for shipment and loading. | Maritime transport and transport of territorial waters |
| Category C – Main delivery is paid by the Seller | |||
| CPT | carriage paid to… | The goods are delivered to the main Buyer’s carrier. The Seller pays for the main delivery to the specified in the contract arrival terminal. The Buyer pays for insurance. The buyer pays for import customs clearance and delivery from the arrival terminal. | Any means of transport |
| CIP | carriage and insurance paid to | The goods are delivered to the main Buyer’s carrier. The Seller pays for the main delivery to the specified in the contract arrival terminal as well as for the basic transportation insurance. The buyer pays for import customs clearance and delivery from the arrival terminal. | Any means of transport |
| CFR | cost and freight | The goods are delivered to the Buyer to the port of destination. The buyer pays for delivery insurance, shipment and unloading. | Maritime transport and transport of territorial waters |
| CIF | cost, insurance and freight | The goods are delivered to the Buyer to the port of destination. The seller insures the main carriage. The Buyer pays for unloading and shipment. | Maritime transport and transport of territorial waters |
| Category D – Delivery | |||
| DAT | delivered at terminal | The supply to the import customs terminal is paid. The Seller pays for the main carriage and insurance. The Seller pays for export. The Buyer pays for import customs clearance. | Any means of transport |
| DAP | delivered at point | Delivery to the place of destination, which is stated in the contract. The Buyer pays for import duties and local taxes. | Any means of transport |
| DDP | delivered duty paid | Goods delivery to the place of destination, which is stated in the contract. Goods are cleared of all duties and risks. | Any means of transport |
| Excluded from the Incoterms -2010 | |||
| DDU | delivered, duty unpaid | Goods delivery to the destination stated in the contract, without customs clearance. | Any means of transport |
| DAF | delivered at frontier | Goods delivery to the border. The Seller pays for import duties. The Buyer clears the goods and carries them from the border. | Any means of transport |
| DEQ | delivered ex quey | Goods delivery to the quay in the stated port of destination. The Buyer clears goods for import. The Buyer pays for taxes, fees and charges. | Any means of transport |
| DES | delivered ex ship | The goods are delivered aboard in the stated port of destination. Import customs clearance is performed by the Buyer. | Any means of transport |
Operation time: Mon-Sat 9.00-17.00 
