container on terminal

Incoterms

Incoterms are the standard international trade agreements regarding the transport of goods. From 2011 onwards, the Incoterms 2010 apply.

Agreements

You can agree to the following matters by means of an incoterm:

  • Who is responsible for transport insurances, licenses, authorisations and other formalities?
  • Who provides the transport and up to where?
  • When will the risks and costs of the delivery transfer from the seller to the buyer?

Different Incoterms

There are 11 incoterms: 4 are intended specifically for transport by water. The other 7 apply to all kinds of transport (multimodal transport).

Incoterms water:

Incoterms multimodal transport:

incoterms