Table of locations and risks

Incoterms 2020 Comparison Table

Incoterm	Delivery Point	Risk Transfers	Comment
Any Mode
EXW	Seller’s premises	At seller’s premises	Avoid. Seller does not load
FCA (at seller’s)	Seller’s premises	When handed to carrier	FCL: seller loads
FCA (at carrier’s)	Carrier’s CY/CFS	When handed to carrier	FCL: at Container Yard LCL/Air: at Cargo Freight Station
CPT	Named place of destination	When handed to first carrier
CIP	Named place of destination	When handed to first carrier	Seller insures the goods
DAP (at carrier’s)	Carrier’s CY/CFS	At destination, ready for unloading	FCL at CY. LCL/AIR: deconsolidation place
DAP (at buyer’s)	Buyer’s premises	At destination, ready for unloading
DPU	Named place of destination	At destination, after unloading
DDP	Named place of destination	At destination, ready for unloading	Avoid
Sea/Waterway
FAS	Alongside vessel at port	Alongside vessel	Commonly used for OOG
FOB	On board vessel at port	When goods are on board	Not for contenerized cargo
CFR	On board vessel at port	When goods are on board	Named port
CIF	On board vessel at port	When goods are on board	Named port