July 27 2020

The Complete Guide To INCOTERMS 2020

Source: Globartis Research

In January 2020, the International Chamber of Commerce published the updated version of the INCOTERMS 2020.


Here is the full list:

Incoterms 2020 list

In blue are the maritime Incoterms, that should be used only for waterway transport. In yellow is the new Incoterm, DPU Delivered At Place Unloaded.

The third column defines where delivery takes place: as we explained in our article on how to use Incoterms, just writing in the contract FCA Free Carrier is meaningless. You have to say where. Each Incoterm has its own place/port of delivery/destination, as we wrote in the table.


For more information, read the article on Globartis website