What has changed in the Incoterms
Current version 2010 vs. version 2000
- The revised version of the Incoterms, valid since January 01, 2011, only contains eleven clauses in place of 13.
- They have been divided into two categories:
- The clauses applicable to all transport EXW, FCA, CPT, CIP, DDP as well as newly DAP and DAT, which replace DEQ, DAF, DES and DDU.
- FAS, FOB, CFR, CIF exclusively for sea and inland navigation.
- DAP replaces DAF, DES and DDU.
- DAT replaces DEQ.
- With CIF, CFR and FOB the transfer of risk only occurs where the goods are set down on the ship’s deck (previously: ship railing).
- New to the C clauses is the purchaser’s obligation to provide the insurance-relevant information.