Preambles
to Incoterms 2000
Incoterms 2000 provides Preambles explaining the
function of each Incoterm. These are reproduced
in full for visitors to this site. For example,
the Preamble to FAS FREE ALONGSIDE SHIP states
that under FAS the seller delivers when the goods
are placed alongside the vessel at the named port
of shipment. "The buyer has to bear all costs
and risks of loss of or damage to the goods from
that moment." Click on any of the 13 terms
listed below and read a concise definition from
the Preambles to Incoterms 2000. Several of the
Preambles, marked below with an *, include a footnote
referring to the Introduction. Click anywhere
on those pages to view the relevant part of the
Introduction. Please note that the terms will
appear on your screen in read-only format and
so cannot be copied or printed.
EXW
EX WORKS (…named place)
FCA
FREE CARRIER (…named place)
FAS
FREE ALONGSIDE SHIP (…named port of shipment)
FOB
FREE ON BOARD (…named port of shipment)
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)
DAF
DELIVERED AT FRONTIER (…named place)
DES
DELIVERED EX SHIP (…named port of destination)
DEQ
DELIVERED EX QUAY (…named port of destination)
DDU
DELIVERED DUTY UNPAID (…named place of destination)
DDP
DELIVERED DUTY PAID (…named place of destination)
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