Cargo vessel left

Incoterms Explained: Free on Board (FOB)

Free on Board is one of the oldest Incoterms. It dates back to when goods were carried by sailing ships and it was one of the terms when the Incoterms were first released...

Package delivered

Incoterms Explained: Delivery Duty Paid (DDP)

When goods are bought or sold “Delivery Duty Paid” (DDP) it means that the Seller delivers the goods to a place previously agreed to by the seller and the buyer. This can...