Incoterms training sales:
Until March 7th 2021, we are offering a further 50% discount on our Incoterms training. Simply visit our course catalog and add the Incoterms 2020 training to your cart and an additional 50% discount should apply making this course as low as USD 22.5.
Learn about Incoterms in our 2 hours training. Practice your skills in our interactive parts and receive your Allyn International course certification upon completion of the final exam.
If the Incoterms training sales discount does not automatically apply – use the inco50 coupon at checkout or in your cart.
See a short preview – with the DPU Incoterm here.
The 2020 Incoterms® list covered in this Incoterm training:
EXW, Ex works, means that the seller makes the goods available for pick-up by the buyer at the named place. The buyer is then responsible for all the transport, insurance and customs clearance obligations.
FCA, Free Carrier, means that the seller delivers the goods, cleared for export, to the carrier nominated by the buyer at the named place. If the named placed is at the seller’s premises, the seller is responsible for loading, if elsewhere he is not.
FAS, Free Alongside Ship, means the seller must deliver the goods, cleared for export, alongside the vessel at the named port of shipment and the buyer bears all costs and risks of loss or damage from that point on.
FOC, Free On Board, means the seller’s export cleared goods are considered delivered once they are on board the vessel in the named port. Once they are on board, the buyer bears all costs and risks of loss or damage from that point on.
CFR, Carrier and Freight, means the seller must deliver the goods on board a vessel at the agreed destination port even if the risk is transferred to the buyer once the goods are on board the vessel in the port of origin.
CIF, Carrier, Insurance, Freight, means the seller must deliver the goods on board a vessel at the agreed destination port but the risk is transferred once the goods are on board the vessel in the port of origin. The seller must also provide cargo insurance.
CPT, Carrier Paid To, means the seller organizes the transport of export cleared goods to the place of destination but the delivery is considered complete and risk is transferred once the goods are handed over to the (first) principal carrier.
CIP, Carrier and Insurance Paid To, this Incoterm means the seller organizes the transport and insures the export cleared goods to the destination place but the delivery is considered complete and risk is transferred once goods are handed over to the (first) principal carrier.
DAP, Delivery At Place, means that the seller delivers the goods on an arriving mean of transport still loaded at an agreed destination. The buyer is responsible for the import clearance, unloading and possible further transport.
DPU, Delivery at Place Unloaded, means that the seller delivers and unloads the goods at a named place. The buyer is responsible for clearing the goods for import and carrying them to their final destination.
DDP, Delivered Duty Paid, this Incoterm means all the transport, insurance and customs clearance obligations are for the seller who will bear all risks of damage or loss until the goods are delivered to the buyer, cleared for import but still loaded, at the named placed.