1. EXW, factory delivery (at a designated place). This means that the seller has the obligation to take the prepared products, such as workshop, factory, warehouse, etc., but generally does not undertake to load the goods into the car provided by the buyer or the customs. The Buyer shall be responsible for all costs and risks of transportation from the Seller's location to the intended location.
2. Free carrier (FCA) means that the seller delivers the goods to the carrier designated by the buyer and passes the export declaration of international logistics.
3. FAS, "Ship's side delivery", means that the Seller delivers the goods to the vessel designated by the Buyer at the port or terminal. When the vessel is unable to dock, the goods shall be returned to the barge at the Seller's risk, responsibility and expense, and thereafter the risk and expense shall be borne by the Buyer. In foreign trade, if the seller is unwilling to bear his actual export responsibilities, or if he encounters special difficulties in the process of shipment, he usually adopts the "ship's side" method to relieve himself of some obligation.
4. FOB: In international logistics, the seller can deliver the goods after they arrive at a designated port. This means that, from that moment on, the buyer will be responsible for all losses and losses. In addition, the seller also needs to complete the declaration of goods. The term is used only for international transport by sea or inland.
5. CFR, fee plus transportation fee (port name), designated port of destination. After the arrival of the goods at their destination, the cost of risk, loss or damage to the goods and accidents arising therefrom shall pass from the Seller to the Buyer after the goods have passed through the designated port. The term refers to international transport by sea or inland.
6.CIF, the name of the destination port, the original is Cost, Insurance and Freight (insert named port of destination), the price of the goods includes the usual freight from shipment to the port of destination and the agreed insurance premium, therefore, The Seller shall, in addition to its obligations under the terms of the CFR, insure the goods to the Buyer and pay the premium. If the buyer and Seller do not agree on specific risks, the Seller shall obtain only minimal insurance, and if the Buyer requests additional war insurance, the Seller shall provide additional insurance at the Buyer's premium, if possible in the contract currency.
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