Incoterms
New Incoterms 2010 came into effect last January 1st 2010.
Major innovations concern DAF, DES and DDU clauses deletion and the the inclusion of two new clauses: DAT and DAP.
Maritime clauses FAS (Free Alongside ship) FOB (Free On Board) CRF (Cost and Freight) CIF (Cost Insurance and Freight) |
General clauses EXW (Ex Works) FCA (Free Carrier) CPT (Carriage Paid To) CIP (Carriage and Insurance Paid To) DAT (Delivered At Terminal) (*) DAP (Delivered At Place) DDP (Delivered Duty Paid) |
The official version is downlodable from ICC website.
(*) Terminal means port or airport area, warehouse etc…