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Incoterms

Below are the International Trade Terms that have been adopted by most countries. These terms define the responsibilities of both the buyer and the seller while a shipment is in transit. O.T.S. Astracon staff will gladly explain any freight terms in detail should the need arise.

Group E - Departure
EXW: Ex Works (...named place)

Group F - Main carriage unpaid
FCA: Free Carrier (...named place)
FAS: Free Alongside Ship (...named port of shipment)
FOB: Free On Board (...named port of shipment)

Group C - Main carriage paid
CFR: Cost and Freight (...named port of destination)
CIF: Cost, Insurance and Freight (...named port of destination)
CPT: Carriage Paid to (...named place of destination)
CIP: Carriage and Insurance Paid To (...named place of destination)

Group D - Arrival
DAT: Delivered at Terminal (named terminal at port or place of destination)
DAP: Delivered at Place (named place of destination)
DDP: Delivered Duty Paid (...named place of destination)