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Incoterms 2010

Any mode of transport

The 7 rules defined by Incoterms 2010 for any mode(s) of transportation are:

 

EXW – Ex Works (named place of delivery)

The seller makes the goods available at its premises. The buyer is responsible for unloading. This term places the maximum obligation on the buyer and minimum obligations on the seller. The Ex Works term is often used when making an initial quotation for the sale of goods without any costs included. EXW means that a seller has the goods ready for collection at his premises (works, factory, warehouse, plant) on the date agreed upon. The buyer pays all transportation costs and also bears the risks for bringing the goods to their final destination. The seller doesn't load the goods on collecting vehicles and doesn't clear them for export. If the seller does load the good, he does so at buyer's risk and cost. If parties wish seller to be responsible for the loading of the goods on departure and to bear the risk and all costs of such loading, this must be made clear by adding explicit wording to this effect in the contract of sale.

 

FCA – Free Carrier (named place of delivery)

The seller hands over the goods, cleared for export, into the disposal of the first carrier (named by the buyer) at the named place. The buyer pays for carriage to the named point of delivery, and risk passes when the goods are handed over to the first carrier.

 

CPT – Carriage Paid To (named place of destination)

The seller pays for carriage. Risk transfers to buyer upon handing goods over to the first carrier at place of Import.

 

CIP – Carriage and Insurance Paid to (named place of destination)

The containerised transport/multimodal equivalent of CIF. Seller pays for carriage and insurance to the named destination point, but risk passes when the goods are handed over to the first carrier.

 

DAT – Delivered at Terminal (named terminal at port or place of destination)

Seller pays for carriage to the terminal, except for costs related to import clearance, and assumes all risks up to the point that the goods are unloaded at the terminal.

 

DAP – Delivered at Place (named place of destination)

Seller pays for carriage to the named place, except for costs related to import clearance, and assumes all risks prior to the point that the goods are ready for unloading by the buyer.

 

DDP – Delivered Duty Paid (named place of destination)

Seller is responsible for delivering the goods to the named place in the country of the buyer, and pays all costs in bringing the goods to the destination including import duties and taxes. The buyer is responsible for unloading. This term is often used in place of the non-Incoterm "Free In Store (FIS)". This term places the maximum obligations on the seller and minimum obligations on the buyer.


Sea and inland waterway transport

The four rules defined by Incoterms 2010 for international trade where transportation is entirely conducted by water are:

 

FAS – Free Alongside Ship (named port of shipment)

The seller must place the goods alongside the ship at the named port. The seller must clear the goods for export. Suitable only for maritime transport but NOT for multimodal sea transport in containers (see Incoterms 2010, ICC publication 715). This term is typically used for heavy-lift or bulk cargo.

 

FOB – Free on Board (named port of shipment)

The seller must load the goods on board the vessel nominated by the buyer. Cost and risk are divided when the goods are actually on board of the vessel. The seller must clear the goods for export. The term is applicable for maritime and inland waterway transport only but NOT for multimodal sea transport in containers (see Incoterms 2010, ICC publication 715). The buyer must instruct the seller the details of the vessel and the port where the goods are to be loaded, and there is no reference to, or provision for, the use of a carrier or forwarder. This term has been greatly misused over the last three decades ever since Incoterms 1980 explained that FCA should be used for container shipments.

 

CFR – Cost and Freight (named port of destination)

Seller must pay the costs and freight to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the vessel. Insurance for the goods is NOT included. This term is formerly known as CNF (C&F). Maritime transport only.

 

CIF – Cost, Insurance and Freight (named port of destination)

Exactly the same as CFR except that the seller must in addition procure and pay for the insurance. Maritime transport only.

 

Ocean Container Dimensions




STANDARD 20'

 

INSIDE LENGTH
INSIDE WIDTH
INSIDE HEIGHT
DOOR WIDTH
DOOR HEIGHT
CAPACITY
TARE WEIGHT
MAX. CARGO

19'4"
7'8"
7'10"
7'8"
7'6"
1,172 ft³
4,916 lb
47,999 lb

5.89 m
2.33 m
2.38 m
2.33 m
2.28 m
33.18 m³
2,229 kg
21,727 kg

   

 

 

 

STANDARD 40'

HIGH CUBE 40'

 

INSIDE LENGTH
INSIDE WIDTH
INSIDE HEIGHT
DOOR WIDTH
DOOR HEIGHT
CAPACITY
TARE WEIGHT
MAX. CARGO

 

39'5"
7'8"
7'10"
7'8"
7'6"
2,390 ft³
8,160 lb
59,040 lb

12.01 m
2.33 m
2.38 m
2.33 m
2.28 m
67.67 m³
3,701 kg
26,780 kg

 

39'5"
7'8"
8'10'
7'8"
8'5"
2,694 ft³
8,750 lb
58,450 lb

12.01 m
2.33 m
2.69 m
2.33 m
2.56 m
76.28 m³
3,968 kg
26,512 kg

 


 

 

OPEN TOP 20'
(upgraded also available)

OPEN TOP 40'

 

INSIDE LENGTH
INSIDE WIDTH
INSIDE HEIGHT
DOOR WIDTH
DOOR HEIGHT
CAPACITY
TARE WEIGHT
MAX. CARGO

 

19'4"
7'7"
7'8"
7'6"
7'2"
1,136 ft³
5,280 lb
47,620 lb

5.89 m
2.31 m
2.33 m
2.28 m
2.18 m
32.16 m³
2,394 kg
21,600 kg

 

39'5"
7'8"
7'8"
7'8"
7'5"
2,350 ft³
8,490 lb
58,710 lb

12.01 m
2.33 m
2.33 m
2.33 m
2.26 m
66.54 m³
3,850 kg
26,630 kg

 


 

 

REEFER 20'

REEFER 40'

 

INSIDE LENGTH
INSIDE WIDTH
INSIDE HEIGHT
DOOR WIDTH
DOOR HEIGHT
CAPACITY
TARE WEIGHT
MAX. CARGO

 

17'8"
7'5"
7'5"
7'5"
7'3"
1,000 ft³
7,040 lb
45,760 lb

5.38 m
2.26 m
2.26 m
2.26 m
2.20 m
28.31 m³
3,193 kg
20,756 kg

 

37'8"
7'5"
7'2"
7'5"
7'0"
2,040 ft³
10,780 lb
56,276 lb

11.48 m
2.26 m
2.18 m
2.26 m
2.13 m
57.76 m³
4,889 kg
25,526 kg

 


 

 

FLAT RACK 20'

FLAT RACK 40'

 

INSIDE LENGTH
INSIDE WIDTH
INSIDE HEIGHT
TARE WEIGHT
MAX. CARGO

 

18'5"
7'3"
7'4"
5,578 lb
47,333 lb

5.61 m
2.20 m
2.23 m
2,530 kg
21,469 kg

 

39'7"
6'10"
6'5"
12,081 lb
85,800 lb

12.06 m
2.08 m
1.95 m
5,479 kg
38,918 kg

 


 

 

FLAT RACK COLLAPSIBLE 20'

FLAT RACK COLLAPSIBLE 40'

 

INSIDE LENGTH
INSIDE WIDTH
INSIDE HEIGHT
TARE WEIGHT
MAX. CARGO

 

18'6"
7'3"
7'4"
6,061 lb
61,117 lb

5.63 m
2.20 m
2.23 m
2,749 kg
27,722 kg

 

39'7"
6'10"
6'5"
12,787 lb
85,800 lb

12.06 m
2.08 m
1.95 m
5,800 kg
38,918 kg

 


 

 

PLATFORM 20'

PLATFORM 40'

 

INSIDE LENGTH
INSIDE WIDTH
INSIDE HEIGHT
TARE WEIGHT
MAX. CARGO

 

19'11"
8'0"
7'4"
6,061 lb
52,896 lb

6.07 m
2.43 m
2.23 m
2,749 kg
23,993 kg

 

40'0"
8'0"
6'5"
12,783 lb
66,397 lb

12.19 m
2.43 m
1.95 m
5,798 kg
30,117 kg

 

 

 

 

 

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