International Commercial Terms

• CPT    –   Carriage Paid To (named place of destination)

• CFR    –   Cost and Freight (named port of destination)

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

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

• 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)

• EXW   –   Ex Works (named place)

• FCA     –   Carrier (named place of delivery)

• FAS     –   Free Alongside Ship (named port of shipment)

• FOB    –   Free on Board (named port of shipment)

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