P&O Nedlloyd
Incoterms are a set of international rules for the interpretation of the most commonly used trade terms. They are recognized globally by courts and other authorities. P&O Nedlloyd has provided a page that includes Incoterms for buyers and sellers of goods.

Daniel Silva Ltd
This firm provides a succinct overview of the Incoterms 2000. Useful and easy to follow, although not that indepth.

AGL
Incoterms

OEL
Incoterms

SAEL
Incoterms

The Thirteen Incoterms: 1990
CFR	Cost and Freight*	As for CIF except that the cost of insurance is covered by the buyer.
CIF	Cost, Insurance and Freight*	Cost of goods plus insurance and freight, duty unpaid, to a named port of destination. Sea or inland waterway transport only.
CIP	Carriage and Insurance Paid To	Costs of carriage and insurance of the goods, duty unpaid to the named destination. Applies to all modes of transport.
CPT	Carriage Paid To	As for CIP, except the cost of insurance is carried by the buyer.
DAF	Delivered At Frontier	Costs of delivery, duty unpaid at the named point and place at the frontier. Applies to all modes of transport.
DDP	Delivered Duty Paid	Costs of delivery, including duty, paid up to a named place in the country of importation. Applies to all modes of transport.
DDU	Delivered Duty Unpaid	As for DDP, except that the buyer pays the import duty.
DEQ	Delivered Ex Quay*	Costs of delivery, duty paid, to the named port of destination. Sea or inland waterway transport only.
DES	Delivered Ex Ship*	Costs of delivery on board the vessel, duty unpaid, at the named port of destination. Sea or inland waterway transport only.
EXW	Ex Works	The goods are made available to the buyer at the exporter's premises, suitably packed unless otherwise arranged for a known means of transport.
FCA	Free Carrier	Cost of delivery, cleared for export, into the charge of the carrier named by the buyer at the named place or point. Allied mostly to air and rail transport but could be used for all modes.
FAS	Free Alongside Ship*	All cost up to delivery on quay or in lighters (barges) at the named port of shipment. Sea or inland waterway transport only.
FOB	Free On Board*	All costs up to delivery over the ships rail at the named port of shipment. Sea or inland waterway transport only.

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* These terms are for maritime transport only. The other terms apply to all transport modes.

Guidelines to Using Incoterms

• Always specify which terms are applicable ie FAS in Incoterms 2000 as opposed to Incoterms 1990.
  
• When completing documents ensure that you are using the correct format of a term. The term CFR is persistently misused/replaced with C&F or C+F.
  C+F has never existed. C&F did exist but was replaced with CFR in 1980. If C&F is used by mistake a court of law will use the pre 1980 meaning of the term which is very different from the current meaning of CFR as in Incoterms 1990 and Incoterms 2000.
  
• Urge your trading partners to confirm their acceptance of the specified term in writing
  
• Draw up a check list of your duties and rights under the selected term and check that every intended or completed transaction conforms to this list, and that nothing is omitted
  
• Request your trading partner to do the same, and exchange this information with them
  
• Change or add nothing, but in any event as little as possible to the selected term
  
• In case of any inevitable change or addition, inform your trading partner and request them to accept it in writing. Such an addition could be 'stowed and trimmed' to FOB
  
• Compare your duties and rights under the selected Incoterm(s) with your company's standard terms of sales (or purchase), to make sure that there are no conflicts. If your business is run under standard conditions established by a trade body or similar association, request that this association amend its terms on behalf of all the membership.
  
• In the event of such conflict(s), amend your standard conditions, rather than the Incoterm(s), in order to remedy the problem. If the standard conditions are those of an association, act similarly through this association.
  
• Never instruct the carriers or any third party to do or omit anything on the basis of the Incoterms which do not apply to them at all.
  
• Inform your bank and insurance company which Incoterm(s) have been selected for your business, so that they can determine exactly what your duties and rights are with regard to a transaction in which they may have a role to play.

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