EXW : ex-works – buyer pays all transport costs from shipper’s factory FCA : free carrier – seller pays to deliver goods to a carrier nominated by buyer FOB : free on board – seller pays to deliver goods on board an ocean vessel CFR : cost and freight – seller pays to deliver goods to an overseas port CIF : cost, freight and insurance – seller pays to deliver goods to an overseas port and pays insurance CPT : carriage paid to – seller pays to deliver goods to an overseas airport CIP : carriage and insurance paid to – seller pays to deliver goods to an overseas airport and pays insurance DDU : delivered duty unpaid – seller pays to deliver goods to buyer’s plants excluding duties DDP : delivered duty paid – seller pays to deliver goods to buyer’s plants including duties