INCOTERMS® IS A REGISTERED TRADEMARK OF THE INTERNATIONAL CHAMBER OF COMMERCE. THIS DOCUMENT IS NOT INTENDED AS LEGAL. Incoterms® Wall Chart, ICC's popular support tool, is a full colour, poster- sized flow chart outlining the responsibilities of downloader and seller under each of the. Incoterms stands for International Commercial Terms. Developed in by the International Chamber Of Commerce (ICC) to standardize world trade terms.

Incoterms 2010 Wall Chart Pdf

Language:English, German, Japanese
Published (Last):27.02.2016
ePub File Size:22.86 MB
PDF File Size:12.20 MB
Distribution:Free* [*Registration Required]
Uploaded by: SHAREN

The new Incoterms rules were revised by the International Chamber of. Commerce and will become . . The Incoterms® rules have become an essential part of the daily language of trade. They have been incorporated in contracts for the sale of goods worldwide. Continued use of terms which do not appear in the Incoterms® rules; guide des incoterms _Mise en page 1 27/01/11 Page3.

It should not be used when the consignee cannot carry out directly or indirectly the export formalities.

Free Incoterms 2010 Reference Chart

This term can only be used for sea or inland waterway transport. FOB Free On Board One of the most commonly used-and misused-terms, FOB means that the shipper uses his freight forwarder to move the merchandise to the port or designated point of origin.

The term FOB specifically refers to ocean or inland waterway transportation of goods. Given that the shipper is responsible for transportation, the shipper also chooses the forwarder. CIF Cost, Insurance and Freight This arrangement similar to CFR, but instead of the consignee insuring the goods for the maritime phase of the voyage, the shipper insures the goods. The shipper contracts for insurance and pays the insurance premium.


The consignee should note that under CIF the shipper is only required to obtain insurance on minimum coverage. This term also requires the shipper to clear the goods for export and the term can only be used for sea or inland waterway transport.

The shipper pays for carriage to the terminal, except for costs related to import clearance, and assumes all risks up to the point that the goods are unloaded at the terminal. The shipper pays for carriage to the named place, except for costs related to import clearance, and assumes all risks prior to the point that the goods are ready for unloading by the downloader.

The shipper pays all costs involved for the carriage of the goods to the named destination. If various carriers are used for the carriage to the agreed destination, the risk passes when the goods have been delivered to the first carrier. CPT term requires the shipper to clear the goods for export. This term can be used for multi modal transport. Seller pays for carriage and insurance to the named destination point, but risk passes when the goods are handed over to the first carrier.

When this particular agreement is in force, Freight Forwarders often act as carriers. DDP Delivered Duty Paid The shipper is responsible for delivering the goods to the named place in the country of the consignee, and pays all costs in bringing the goods to the destination including import duties and taxes.

The shipper is not responsible for unloading. This term places the maximum obligations on the shipper including the payment of duty and fees, and minimum obligations on the consignee.

Every effort has been made to ensure the accuracy of definitions however this document should be used for reference only and is not intended as legal advice. Written by former top-level executives of the ICC Court, this authoritative guide provides clear, in-depth commentary, statistics and comparisons.

Protect Your Bottom Line by Understanding These 5 Common Incoterms [with Printable PDF]

It shows you how the rules are used by the ICC Court, its Secretariat, arbitrators and parties and gives practical tips on how to conduct proceedings efficiently. Honouring a renowned international arbitrator, this book covers contemporary practice and salient issues in international commercial and investment arbitration.

More than pages written by experts around the globe make this work a must have for any arbitrator. How can the different players involved in a case ensure that the proceedings remain efficient, harmonious and at the same time respectful of the parties rights?

Some of today s leading experts discuss this and other questions, taking into account the points of view of all players concerned: arbitrators, counsel, corporate lawyers and arbitral institutions. A must-read for anyone preparing for an international arbitration case.

This unique work of compilation, analysis and assessment of the current state of Chinese business law contains illustrative graphics and tables to further clarify complex organizations and processes. DRL s advanced search options help you comb quickly through thousands of pages of content to find exactly the information you require.

Through procedural orders, arbitrators regulate important aspects of the arbitral process. Combining unique source material with perceptive commentary, this collection will help you to better understand the arbitration procedure. ICC International Court of Arbitration Bulletin The Bulletin regularly provides legal practitioners, scholars and the international business community with a wealth of authoritative information on ICC dispute resolution services and arbitration law in general.

Subscribe today at Save time and money with ebooks Instant delivery without shipping or handling charges make our ebooks a convenient and practical alternative to the traditional books in paper format.

All you need to read them is a free software which you can download on our website please refer to our ebook FAQs for more details.

Check for a complete list of our ebooks. Its hundreds of thousands of member companies in over countries have interests spanning every sector of private enterprise.

We provide precious resources for international business; invaluable for bankers, lawyers, arbitrators and anyone involved in crossborder trade. The content of ICC s publications is derived from the work of ICC commissions, institutions and individual international experts.

Request a Quote

Our list of products covers three broad categories ICC rules and standards, practical guidelines, and reference works. The rules and accompanying guidelines, which form the core of the publishing programme, are updated regularly to take account of technical developments and the evolution of commercial and banking practices.

The best known publications, Uniform Customs and Practice for Documentary Credits and Incoterms, have been translated into more than 30 languages. The ICC Online Bookstore Our online bookstore offers a complete overview of all currently available publications and ebooks covering anything you need to know for conducting international business.

Further, you will find special offers, author interviews, detailed tables of contents and a free ebook software for download. Free trial versions of our online trainings are available at Keep in touch: Please note: prices in this catalogue are excluding VAT and shipping charges.The last revision was done in The downloader must, should it fail to fulfil its obligations, bear all additional risks of loss of or damage to the goods incurred thereby. The shipper contracts for insurance and pays the insurance premium.

When this particular agreement is in force, Freight Forwarders often act as carriers. Open to ICC members and non-members alike, our events are designed for businesspeople, corporate counsel, lawyers and legal practitioners involved in international trade.