Inco Terms used under Sea and Inland waterways only

Marine Restricted delivery terms under Inco Terms 2020

 The following 4 delivery terms are known as marine restricted delivery rules under Inco Terms 2020.

 

RULES FOR SEA AND INLAND WATERWAY TRANSPORT

FAS  Free Alongside Ship

 

FOB  Free On Board

 

CFR  Cost and Freight

 

CIF  Cost Insurance and Freight

 

The above 04 Delivery rules under movement of goods form seller to buyer is explained as per the rules published by ICC under Inco Terms 2020

Click here to read latest Inco terms rules for delivery of goods  

Learn practical problems and solutions in Exports and Imports

Click here to read latest Inco terms rules for delivery of goods  

Banking rules related to Exports and Imports in India

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