[vc_row css=”.vc_custom_1509957633895{padding-bottom: 50px !important;}”][vc_column][vc_custom_heading text=”WHAT ARE INCOTERMS?” font_container=”tag:h1|text_align:left” use_theme_fonts=”yes”][vc_column_text]INCOTERMS are a set of three-letter standard trade terms most commonly used in international contracts for the sale of goods. It is essential that you are aware of your terms of trade prior to shipment.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”EXW (EX WORKS)” description_item=”EX Works EXW named place Incoterms® 2010 — This term may be used for either domestic or international trade.”][/vc_column][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”FCA (FREE CARRIER)” description_item=”Free Carrier FCA named place Incoterms® 2010 — This term may be used whatever mode or modes of transport will be used.”][/vc_column][/vc_row][vc_row equal_height=”yes”][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CPT (CARRIAGE PAID TO)” description_item=”Carriage Paid To CPT named place Incoterms® 2010 — This term may be used whatever mode or modes of transport will be used.”][/vc_column][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CIP (CARRIAGE & INSURANCE PAID)” description_item=”Carriage and Insurance Paid CIP to named place Incoterms® 2010 — This term may be used whatever mode or modes of transport will be used.”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”DAT (DELIVERED AT TERMINAL)” description_item=”Delivered at Terminal DAT named place Incoterms® 2010 — This term may be used regardless of the mode or modes of carriage to be used.”][/vc_column][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”DAP (DELIVERED AT PLACE)” description_item=”Delivered at Place DAP named place Incoterms® 2010 — This term may be used whatever mode or modes of transport will be used.”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”DDP (DELIVERED DUTY PAID)” description_item=”Delivered Duty Paid DDP named place of destination Incoterms® 2010 — This term may be used whatever mode or modes of transport may be used.”][/vc_column][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”FAS (FREE ALONGSIDE SHIP)” description_item=”Free Alongside Ship FAS named port of shipment Incoterms® 2010 — The seller delivers the goods when they are placed alongside the vessel nominated”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”FOB (FREE ON BOARD)” description_item=”Free On Board FOB named port of shipment Incoterms® 2010 — There is a significant change from the meaning of this term in former revisions of”][/vc_column][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CFR (COST & FREIGHT)” description_item=”Cost and Freight CFR named port of destination Incoterms® 2010 — This rule is intended for use only when carriage is by sea or inland waterway.”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CIF (COST INSURANCE & FREIGHT)” description_item=”Cost Insurance and Freight CIF named port of destination Incoterms® 2010 — This term is to be used only when carriage is by sea or inland waterway.”][/vc_column][/vc_row]