Incoterms 2020, visualised
Who arranges what,
and where risk moves
Amber = WANPORTS arranges and bills it inside your quote.
Blue = you (or your forwarder). The flag is where risk transfers to you.
EXW — Ex Works
Goods are made available at the workshop door — you arrange
everything from pick-up to delivery, including China export clearance.
Watch out: export clearance in China without a local agent is
painful. Most buyers are better served by FCA.
FCA — Free Carrier
We hand the goods to your nominated carrier (or terminal)
export-cleared. Risk transfers at hand-over. Works for sea, air, rail and courier —
the most flexible term.
Nail down the exact hand-over point (forwarder warehouse vs rail
terminal) in writing.
FOB — Free On Board (sea only)
We deliver export-cleared goods onto the vessel at Ningbo;
you pay ocean freight onward. Risk transfers when goods are on board. The classic,
most transparent term for FCL buyers.
FOB is a sea term — for air or rail shipments ask for FCA
instead.
CFR — Cost & Freight (sea only)
Like FOB, but we book and pay the ocean freight to your
port. Risk still transfers at loading in China — freight paid ≠ risk carried.
Insure the voyage yourself, or ask us to quote CIF.
CIF — Cost, Insurance & Freight (sea only)
CFR plus marine insurance (minimum ICC-C cover) bought by
us in your name. Convenient single price to your port.
Minimum cover is basic — high-value cargo should request ICC-A
all-risk.
DAP — Delivered At Place
We deliver to your named address; you handle import
clearance and pay duties/VAT when the shipment arrives.
Confirm who unloads the truck, and have your import documents
ready to avoid demurrage.
DDP — Delivered Duty Paid
Door-to-door with duties and taxes paid by us — one
all-in price, zero customs work on your side.
Duty rates get baked into the price; provide your product's HS
code early for an accurate DDP quote. Not available for every country.