Incoterms 2010
New rules implemented from 01 Jan 2011
- New Incoterms : learn about the changes from Previous Incoterms 2000 to Current Incoterms 2010
- The individual Incoterms : now 11 in total
- Learn your Obligations as a Seller and / or Buyer
- Discover the Transfer of Risk point for each Incoterm
- Understand when you have ' delivered ' under each Incoterm
- Allocation of Costs for Buyer & Seller
4 Incoterms applicable to Sea and inland Waterway Transport only :
FAS (Free Alongside Ship) named Port (of Shipment)
FOB (Free on Board) named Port (of Shipment)
CFR (Cost and Freight) named Port (at Destination)
CIF (Cost, Insurance and Freight) named Port (at Destination)
7 Incoterms applicable to Any Mode of Transport :
EXW (Ex Works) named Place (in Country of Shipment)
FCA (Free Carrier) named Place (in Country of Shipment)
CPT (Carriage Paid To) named Place (in Country of Destination)
CIP (Carriage and Insurance Paid To) named Place (in Country of Destination)
DAT (Delivered at Terminal) named Terminal (at Port or Place at Destination)
DAP (Delivered at Place) named Place (in Country of Destination)
DDP (Delivered Duty Paid) named Place (in Country of Destination)
New Incoterms 2010: Implemented on 01-January-2011
Contact us for full details about the changes from previous Incoterms 2000 to new Incoterms 2010
Whatever your training requirements
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& we'll be pleased to assist!
