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About Incoterms 2010

Understanding Incoterms 2010
Across
The "O" in OCR
Where the risk of loss passes
Seller arranges the Insurance
Nick name for these "rules"
Shipper delivers along side the vessel
Incoterm "C"
Shipper delivers to the terminal
Shipper delivers to the "carrier"
Not always where the buyers business is
Down
The firm that moves the cargo
Incoterm "G"
Covers many modes of transport
Seller does it all
The "C" in OCR
Cost
"The "R" in OCR
The oldest of all Incoterms
Seller pays carriage, but a forwarder is often involved
Like FOB, but the carriage is prepaid
Seller delivers, but does not pay import taxes
Minimum OCR for the seller