FCA (which stands for “Free Carrier”), FAS (“Free Alongside Ship (named port of loading)”), FOB (“Free On Board” (named port of loading)), CFR (“Cost and Freight” (named port of discharge)), CIF (“Cost, Insurance and Freight” (named port of discharge)) and CPT (“Carriage Paid To” (named destination)). The two most important INCOTERMS® in sea transport are FOB and CIF.
Which INCOTERMS® are appropriate for use in contracts involving sea carriage?
