The seller covers the cost of insurance AND freight to the named port of destination or place.

Using the Ex-works Incoterm, the seller has minimal responsibility. The goods must be made available and packed suitably and be available at a specified location.

Using the shipping term Free Carrier (FCA), the seller must take responsibility for the export clearance and delivery to the named place.

Using the Incoterm CPT, the seller has the responsibility for both the transportation and costs to the named place at destination. 

Using the CIP Incoterm, the seller is responsible for the cost of carriage as well as all-risk insurance coverage.

The buyer is only responsible for costs to import the cargo and unload the shipment once it arrives at the requested destination.

The incoterm DPU was formally known as DAT for “Delivered at Terminal”

Using the DDP Incoterm rule, the seller assumes all costs.

The use of this Incoterms rule is restricted to goods transported by sea or inland waterway.

The risk and costs are transfered to the buyer as soon as the goods have been loaded onboard the vessel.