CIP - Carriage and Insurance Paid To
(All the above 8 incoterms are used in
cases where shipment contracts are made)
DES - Delivered Ex Ship
DAF - Delivered at Frontier
DEQ - Delivered Ex Query
DDU - Delivered Duty Unpaid
DDP - Delivery Duty Paid
(The above 5 incoterms are delivery
contracts under which the buyer
undertakes the responsibility of
delivering the consignment at the point
specified in the contract. The seller
takes more responsibilities under these
terms than shipment contract.)