INCOTERMS

Cost, Insurance, Freight Under CIF, the seller is responsible for delivering the goods to the port of destination, covering the cost of transport and insurance

EXW (Ex Works) is one of the most seller-favorable Incoterms, and it places the least amount of responsibility on the seller. Under EXW (Ex Works), the seller’s

— С and F — Cost and Freight The seller covers costs up to the port of destination. The risk shifts to the buyer once the goods are loaded onto the vessel.

FOA (Free On Airport) or FOB Airport (Free On Board Airport) is a shipping term that is sometimes used to indicate that the seller’s responsibility ends once th

DAF (Delivered at Frontier) is an older Incoterm that was used until the 2010 revision of the Incoterms. It's no longer in use under the current Incoterms rules

DDP — Delivered Duty Paid the seller assumes full responsibility for delivering the goods to the agreed destination in the buyer’s country. The seller is respo

(Free Alongside Ship) Risk transfers from the seller to the buyer once the goods are placed alongside the ship.

FC typically refers to Free Carrier (FCA), which is an Incoterm that defines the responsibilities of the buyer and seller in the shipping and delivery process.

FOR (Free on Rail) and FOT (Free on Truck) are terms related to transportation, typically used in the context of shipping and freight. While these terms are not

"Hx" as shorthand for Hand-over/Handed over, it might be describing a situation where the goods are delivered at a specific point in the shipping chain.

(Free On Board) Under FOB, the seller delivers the goods onto the vessel at the port of shipment. The buyer assumes responsibility, costs, and risks from the mo