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#15487 - Icl Incoterms Table - International Commercial Law

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Always advise your client to insure the goods where good are at their risk.

Less Burden for Seller More Burden for Seller

Main carriage paid by Buyer (less burden for S than C terms) Main carriage paid by the Seller (more burden for S than F terms)

FCA

Free Carrier

S’s premises or Carrier’s depot (name of port/city of departure)

FOB

Free on Board

(Name of the Port of departure)

FAS

Free alongside the port of departure (Name of the port departure)

CFR

Cost and Freight Port of destination (name the port/city)

CIF

Cost, Insure, Freight Port of destination (name the port/city)

CPT

Carriage Paid To

Place of destination (name the port/city)

CIP

Carriage & Insure Paid To

Place of destination (name the port/city)

Modes of Transport for which suitable Multimodal Shipping Shipping Shipping Shipping Multimodal Multimodal

Point of physical

delivery

Seller relinquishes possession of Goods where they are delivered to carrier The seller relinquishes possession of the Goods on board of the ship The seller relinquishes possession of the Goods alongside the ship The seller relinquishes possession of the Goods at the port of destination The seller relinquishes possession of the Goods at the port of destination The seller relinquishes possession of the Goods at the place of destination The seller relinquishes possession of the Goods at the place of destination

Transport

to ship

Buyer Seller Seller Seller Seller Seller Seller
Sea/air carriage (“freight”) Buyer Buyer Buyer Seller Seller Seller Seller
Insurance for sea crossing/flight

Buyer

(Optional)

Buyer

(Optional)

Buyer

(Optional)

Buyer

(Optional)

Seller

Buyer

(Optional)

Seller
Cost of Loading onto ship/plane Buyer Seller Buyer Seller Seller Seller Seller
Cost of unloading from ship/plane Buyer Buyer Buyer Buyer Buyer Seller Seller
Passing of legal delivery and risk The risk passes to the B on physical delivery where they are delivered to carrier The risk passes to the buyer on physical delivery on board of the ship The risk passes to the buyer on physical delivery alongside the ship The risk passes to the buyer on physical delivery on board of the ship The risk passes to the buyer on physical delivery on board of the ship The risk passes to the buyer on physical delivery to the carrier The risk passes to the buyer on physical delivery to the carrier

Export

Clearance

(Only relevant if dealing with a non EU country)

Seller Seller Seller Seller Seller Seller Seller

Import

Clearance

(Only relevant if dealing with a non EU country)

Buyer Buyer Buyer Buyer Buyer Buyer Buyer

Always advise your client to insure the goods where good are at their risk

Less Burden for Seller More Burden for Seller

Main carriage paid by Buyer (less burden for S than C terms) Main carriage paid by the Seller (more burden for S than F terms)

FCA

Free Carrier

S’s premises or Carrier’s depot (name of port/city of departure)

FOB

Free on Board

(Name of the Port of departure)

FAS

Free alongside the port of departure (Name of the port departure)

CFR

Cost and Freight Port of destination (name the port/city)

CIF

Cost, Insure, Freight Port of destination (name the port/city)

CPT

Carriage Paid To

Place of destination (name the port/city)

CIP

Carriage & Insure Paid To

Place of destination (name the port/city)

Modes of transport for which suitable Multimodal Shipping Shipping Shipping Shipping Multimodal Multimodal

Point of physical

delivery

Seller relinquishes possession of Goods where they are delivered to carrier The seller relinquishes possession of the Goods on board of the ship The seller relinquishes possession of the Goods alongside the ship The seller relinquishes possession of the Goods at the port of destination The seller relinquishes possession of the Goods at the port of destination The seller relinquishes possession of the Goods at the place of destination The seller relinquishes possession of the Goods at the place of destination

Transport

to ship

Buyer Seller Seller Seller Seller Seller Seller
Sea/air carriage (“freight”) Buyer Buyer Buyer Seller Seller Seller Seller
Insurance for sea crossing/flight

Buyer

(Optional)

Buyer

(Optional)

Buyer

(Optional)

Buyer

(Optional)

Seller

Buyer

(Optional)

Seller (obligatory up to destination)
Cost of Loading onto ship/plane Buyer Seller Buyer Seller Seller Seller Seller
Cost of unloading from ship/plane Buyer Buyer Buyer Buyer Buyer Seller Seller
Passing of legal delivery and risk The risk passes to the B on physical delivery where they are delivered to carrier The risk passes to the buyer on physical delivery on board of the ship The risk passes to the buyer on physical delivery alongside the ship The risk passes to the buyer on physical delivery on board of the ship The risk passes to the buyer on physical delivery on board of the ship The risk passes to the buyer on physical delivery to the carrier The risk passes to the buyer on physical delivery to the carrier

Export

Clearance

(Only relevant if dealing with a non EU country)

Seller Seller Seller Seller Seller Seller Seller

Import

Clearance

(Only relevant if dealing with a non EU country)

Buyer Buyer Buyer Buyer Buyer Buyer Buyer

Always advise your client to insure the goods where good are at their risk

Always advise your client to insure the goods where good are at their risk

Less Burden for Seller More Burden for Seller

Main carriage paid by the Seller (more burden for S than F or C terms)

DAP

Delivered At Place

DAT

Delivered At Terminal

DDP

Delivered Duty Paid

Modes of Transport for which suitable Multimodal Multimodal Multimodal

Point of physical

delivery

The seller relinquishes possession of the Goods at agreed place in B’s country The seller relinquishes possession of the Goods at terminal in B’s country The Seller relinquishes possession of the Goods at B’s premises

Transport

to ship

Seller Seller Seller
Sea/air carriage (“freight”) Seller Seller Seller
Insurance for sea crossing/flight Seller (optional) Seller (optional) Seller (optional)
Cost of Loading onto ship/plane Seller Seller Seller
Cost of unloading from ship/plane Buyer Seller Seller
Passing of legal delivery and risk The risk passes to the buyer on physical delivery at agreed place The risk passes to the buyer on physical delivery at terminal The risk passes to the buyer on physical delivery at D’s premises

Export

Clearance

(Only relevant if dealing with a non EU country)

Seller Seller Seller

Import

Clearance

(Only relevant if dealing with a non EU country)

Buyer Buyer Seller

Always advise your client to insure the goods where good are at their risk

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International Commercial Law