Incoterms, International Chamber of Commerce (ICC) it was created and published for the first time in 1936 by and it is revised every ten years. Regarding the incoterms rules the 2020 update was announced by the ICC in September 2019.
DELIVERY METHODS USED FOR ALL TYPES OF TRANSPORT
EXW – Ex Works
Delivery at the Exporter's Workplace; All costs and risks belong to the importer, including the goods, it is to be delivered to the designated place such as the exporter's warehouse or factory.
FCA – Free Carrier Delivery to the Carrier; Delivery of the goods to the carrier designated by the importer, it is to be delivered at the designated place in the exporter's country.
CPT – Carriage Paid To Delivery with a Paid Transport Fee; Belongs to the designated vehicle the cost of transportation (freight) it is a delivery that is paid by the exporter, insurance and other costs belong to the importer
CIP – Carriage and Insurance Paid To Handling Fee, Insurance paid Delivery; The exporter's transportation fee with the delivery of which the insurance costs are paid up to the specified point in the importer's country it is the form.
DAT – Delivered at Terminal Delivery at the terminal; All costs and risks to the exporter about to belong, delivery of the goods by unloading from the vehicle at the port/terminal designated in the importer's country is to be.
DAP – Delivered at Place Delivery at the Designated Place; The goods are in the country of the importer and all expenses, except taxes, are delivered to the designated address paid
DDP – Delivered Duty Paid Delivery of Goods with Customs Duties Paid; The Goods in the country of the importer all costs and customs duties are to be delivered all paid.
TERMS AND EXPLANATIONS RELATED TO MARITIME TRADE, IMPORT AND EXPORT
ATA: The Actual Arrival Time
ATB: Time for the Real Docking
ATS: Actual Departure (Start of the Cruise)
BAF: Fuel Adjustment
CAF: Currency Adjustment
ETA: Estimated Arrival
ETB: Estimated Berthing
ETS: Estimated Departure (Start of the Cruise)
LCL: That the container is occupied by more than one seller/manufacturer
FCL: That the container is occupied by a single seller/manufacturer
FI – FO: Loading and unloading fees are not included in the freight.
FI – LO: The loading fee is not included in the freight. The evacuation fee is included in the freight it has been.
LI – FO: The loading fee is included in the freight. The evacuation fee is included in the freight has not been
POD: Port of Evacuation
POL: Port of Loading
THC: Stowage and handling fees at the port.