FAS - Free Alongside Ship - The seller is responsible for delivering the goods to the dock or quay alongside the vessel nominated by the buyer., EXW - Ex Works - Places a minimum obligation on the seller as their responsibility ends once the goods are ready for pick up within their premises., FCA - Free Carrier - The seller is responsible for delivering the items to the carrier nominated by the buyer., CPT - Carriage Paid To - The seller is responsible for arranging the carriage contract and covering the transportation cost, CIP – Carriage and Insurance Paid To - The seller is responsible for arranging and paying for cargo insurance, DAP – Delivered at Place - The seller delivers the goods to the place of destination specified by the buyer., DPU – Delivered at Place Unloaded - The seller is responsible for arranging the carriage and unloading the goods to the place of destination., DDP – Delivered Duty Paid - The seller bears the responsibility for the customs clearance process, as well as, the responsibility of paying all duties and taxes., FOB – Free On Board - Similar to FAS terms, the seller is responsible for delivering the goods to the destination port. However, there’s an added responsibility on the seller to load the goods onto the vessel nominated by the buyer., CFR – Cost and Freight - Part of the seller’s responsibility is to handle export clearance formalities, pay for the freight costs as well as the loading and unloading costs of the shipments, CIF – Cost, Insurance, and Freight - Although the same obligations apply with CFR, in this transaction, the seller is also responsible for obtaining the cargo insurance and paying for the insurance costs.,

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