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INCO Terms

  EXW FCA FAS FOB CFR CIF(2) CTP(1) CIP(1)(2) DAT DAP DOP
  Ex Works Free Carrier Free Alongside Ship Free Onboard Vessel Cost & Freight Cost, Insurance & Freight Carriage Paid To Carriage And Insurance Pain To Deliverd At Terminal Delivered At Place Deliverd Duty Paid
SERVICES Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays
Origin Warehouse Packing Service Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Origin Loading Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Origin Export Customs Declaration/Duty/Tax Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Delivery to Port of Export/Inland Freight Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Origin Terminal/Port Charges Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller
Loading on Vessel Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller
Carriage Charges(Ocean.Air Freight Buyer Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller
Insurance Buyer Buyer Buyer Buyer Buyer Seller Buyer Seller Seller Seller Seller
Destination Terminal/Port Charge Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Seller Seller Seller
Delivery to Place of Destination Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller
Import Customs Clearance/Tax/Duty Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller

(1) Risk of loss or damage from Seller to Buyer when the goods have been deliverd to the carrier.

(2) while the Seller is responsible for the insurance coverage during the main voyage, the buyer may have additional ‘insurable interest’ and prudence may dictate purchase of additional coverage.

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