Contract Law - ICC Incoterms

Any: EXW - Ex Works

Risk - At sellers premises

Carriage - No carriage nor loading

Allocation of cost - No cost for seller

Insurance - No insurance

Any: FCA - Free Carrier

Risk - To carrier

Carriage - To carrier

Allocation of cost - Loading/export clearance

Insurance - No insurance

Any: CPT - Carriage Paid To

Risk - To carrier

Carriage - To destination

Allocation of cost - To destination

Insurance - No insurance

Any: CIP - Carriage and Insurance Paid to

Risk - To carrier

Carriage - To destination

Allocation of cost - To destination

Insurance - To destination

Any: DAP - Delivered At Place

Risk - Loaded at place available for unloading

Carriage - To place

Allocation of cost - To place

Insurance - No insurance

Any: DPU - Delivered at Place Unloaded

Risk - Unloaded at place

Carriage - To place

Allocation of cost - To place

Insurance - No insurance

Any: DDP - Delivered Duty Paid

Risk - Loaded at place

Carriage - To destination

Allocation of cost - Cleared for import, to destination

Insurance - No insurance

Maritime: FAS - Free Alongside Ship

Risk - Alongside ship

Carriage - Alongside ship

Allocation of cost - Alongside ship

Insurance - No insurance

Maritime: FOB - Free on board

Risk - On board vessel

Carriage - To vessel

Allocation of cost - Cleared for export

Insurance - No insurance

Maritime: CFR - Cost and Freight

Risk - On board vessel

Carriage - To port of destination

Allocation of cost - To port of destination

Insurance - No insurance

Maritime: CIF - Cost Insurance and Freight

Risk - On board vessel

Carriage - To port of destination

Allocation of cost - To port of destination

Insurance - To destination