Incoterms: Frequently Asked Questions

In this article we look at all the frequently asked questions about Incoterms. You may also like our comprehensive article and relevant diagrams explaining the 2020 version of the terms…

Continue Reading Incoterms: Frequently Asked Questions

Delivery In Incoterms

The term "delivery" has an important definition when it comes to Incoterms. This is the point where risk transfers to the buyer from the seller. This is also the point…

Continue Reading Delivery In Incoterms

FCA vs EXW

FCA and EXW form part of Incoterms® 2020. Both these terms are very similar. Both of these terms can be used for any mode of transport. However, there are some…

Continue Reading FCA vs EXW

Shipping CIF Incoterms 2020

CIF Incoterms 2020 : A Few Quick Points Cost Insurance and Freight (CIF) Incoterms can be used for sea transport, including inland waterway Risk transfers from seller to buyer when…

Continue Reading Shipping CIF Incoterms 2020

Shipping DPU Incoterms 2020

DPU Incoterms 2020 : A Few Quick Points Delivered at Place Unloaded (CIP) Incoterms can be used for all modes of transport and even when there are multiple modes of…

Continue Reading Shipping DPU Incoterms 2020

Incoterms ® 2020: Introduction For Traders

What are Incoterms® 2020? Incoterms is short for international commercial terms. These were first published by the International Chamber of Commerce (ICC) in 1936. The ICC publishes updates to the…

Continue Reading Incoterms ® 2020: Introduction For Traders