Incoterms


On 1 January 2011, the International Chamber of Commerce launched a new set of the internationally recognized and widely used commercial terms, Incoterms. Like the previous set of rules, Incoterms 2010 are brilliant tools, if they are used correctly

By choosing DELACOUR as your sparring partner, you will obtain advisors, who are experts on Incoterms. In addition to their daily work with the terms in practice, they have taught Incoterms and written articles on the subject for many years.

Each of the 11 different Incoterms clauses contains 10 main obligations of which some of the most important questions are:

  • Who will arrange and pay for carriage and risk for the goods?
  • When will risk transfer from seller to buyer?
  • Who will pay for terminal handling charges? 

The individual Incoterms are prepared thoroughly and give a simple and precise answer to important questions. 

The actual challenge with Incoterms is not so much the content of the individual Incoterms as the incorrect use of the terms. A classic example is FOB, which is used in cases where the goods are dispatched by road or air despite the fact that FOB is only applicable where the seller must deliver the goods on board a ship. If you make use of our services, you can incorporate the clause that suits your needs.