Shipping Terms

FOB (free on board)
Seller is responsible for inland freight and all other costs until the cargo has been loaded on the vessel/aircraft. Buyer is responsible for ocean/air freight and marine/air insurance.

FAS (free alongside ship)
Seller is responsible for inland freight costs until goods are located alongside the vessel/aircraft for loading. Buyer is responsible for loading costs, ocean /air freight and marine/air insurance.

C&F
Seller quoted price to buyer includes cost of goods and freight

C.I.F
Seller quoted price to buyer includes cost of goods, insurance and freight.

Exworks
Buyer is responsible for all costs from point of origin (e.g. price ex seller’s factory)

DDU
Delivered duty unpaid. Reflects the emergence of "door-to-door" intermodal or courier contracts or carriage where only the destination customs duty and taxes (if any) are paid by consignee.

DDP
Delivered duty paid. Also known as "free domicile."