October 2010 | © METRO AG 2010

MADE TO TRADE.

New Incoterms 2011

MADE TO TRADE. New Incoterms 2010 October 2010 | © METRO AG 2010

No changes in Terms

Name changes for DAF, DES & DDU (Delivery Duty Unpaid) in DAP (Delivery at Place)

Risk transfer no changes (see graph)

MADE TO TRADE. New Incoterms 2010 October 2010 | © METRO AG 2010

old FOB

responsibility for costs and the transfer

of risks of loss or damage to the goods

passed to the buyer once the goods

passed the ship's rail at the named

port of shipment

new FOB

responsibility for costs and transfer of risk

once the goods are on board the vessel

nominated by the buyer at the named port of

shipment

New Incoterm FOB

MADE TO TRADE. New Incoterms 2010 October 2010 | © METRO AG 2010

New Incoterm CFR

old CFR

responsibility for costs and the transfer

of risks of loss or damage to the goods

passed to the buyer once the goods

passed the ship's rail at the named

port of shipment

new CFR

responsibility for costs and transfer of risk

once the goods are on board the vessel

nominated by the buyer at the named port

of shipment

MADE TO TRADE. New Incoterms 2010 October 2010 | © METRO AG 2010

New Incoterm CIF

old CIF

responsibility for costs and the transfer of

risks of loss or damage to the goods

passed to the buyer once the goods

passed the ship's rail at the named port

of shipmentnew CIF

responsibility for costs and transfer of risk

once the goods are on board the vessel

nominated by the buyer at the named port of

shipment

the seller must provide the buyer, at the

buyer's request, risk and expense (if any), with

information that the buyer needs to procure

any additional insurance

MADE TO TRADE. New Incoterms 2010 October 2010 | © METRO AG 2010

DAF,

DES and

DDU

seller delivers when the goods are placed at the disposal

of the buyer on the arriving means of transport not

unloaded, cleared for export, but not cleared for import at

the named point and place at the frontier

seller delivers when the goods are placed at the disposal

of the buyer on board the ship not cleared for import at

the named port of destination

seller delivers the goods to the buyer, not cleared for

import, and not unloaded from any arriving means of

transport at the named place of destination

new DAP

seller delivers the goods to the buyer, not

cleared for import, and not unloaded from

any arriving means of transport at the

named place of destination

New Incoterm DAP