Incoterms 2010 is a good tool for establishing the rights and obligations of Parties of a sales contract of goods.
We recommend always agreeing upon the questions related to the delivery of goods before concluding the contract. By using a certain term of delivery, for instance “FOB”, you should definitely add that you mean the FOB condition according to Incoterms 2000, which has been developed in Paris, in the International Chamber of Commerce (ICC).
A correct term of delivery should be established in the contract according to the following examples:
FCA Hamburg, Germany, Incoterms 2000DEQ Immingham
Great Britain, Incoterms 2000.
It is not prohibited to exclude or add agreed changes to terms of delivery. For instance: FCABelfast, Ireland, excluding export customs clearance, Incoterms 2000 (FCA – assigned to transporter, except the export customs formalities).
The Incoterms are divided by mode of transport:
Maritime 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 of destination)
CIF – Cost, Insurance and Freight (…named port of destination)
DES – Delivered Ex ship (…named port of destination)
DEQ – Delivered Ex Quay (…named port of destination)
Any mode of transport
EXW – Ex Works (…named place)
FCA – Free Carrier (…named place)
CPT – Carriage Paid To (…named place of destination)
CIP – Carriage and Insurance Paid To (…named place of destination)
DAF – Delivered At Frontier (…named place)
DDU – Delivered Duty Unpaid (…named place of destination)
DDP – Delivered Duty Paid (…named place of destination)
The INCOTERMS are published by the ICC Publishing