Freight – Incoterms

This course explains the international commercial terms (in brief: ‘Incoterms’), which are a series of predefined commercial terms published by the International Chamber of Commerce relating to international commercial law. Incoterms are also known as ‘terms of delivery’, because they regulate the rights and duties of buying and selling parties.

This course covers the following video lessons:

1. Introduction
2. Contract of carriage
3. Delivery, risk & liability
4. Contract of sale & master agreement
5. Periodic updates
6. Aspects of relevance
7. Variety of incoterms
8. Ex works – EXW
9. Free carrier – FCA
10. Carriage paid to – CPT
11. Carriage and insurance paid – CIP
12. Delivered at place unloaded – DPU
13. Delivered at place unloaded – DAP
14. Delivered duty paid – DDP
15. Free alongside ship – FAS
16. Free on board – FOB
17. Cost and freight – CFR
18. Cost, insurance & freight – CIF


Our Labels

Entrima and Market Abuse Centre (MAC) are the two labels we operate to provide learning services for professionals in the commodity & energy markets.

Content & Context

Entrima’s mission is to transfer knowledge regarding the business, controls & operations of parties in (or relating to) the wholesale markets.

Conduct & Culture

MAC’s mission is to facilitate the prevention & detection of misconduct and to foster proper behaviour in organisations. This is achieved via training, periodic updates and increased awareness.