INCOTERMS- International Commercial Trade Term

What Are Incoterms and How are They Used in Shipping?

Freight incoterms (International Commercial Terms) are the standard terms used in sales contracts for importing and exporting. They are used to define responsibility and liability for goods over the course of a shipment. In other words, they spell out when responsibility for the goods transfers from the supplier to the buyer. They also define who pays which costs for the goods and their transport.

Every Incoterm defines the following responsibilities and obligations:

  • Point of delivery – This section outlines where the goods will be transferred from the seller to the buyer.
  • The responsible party for transportation costs – The section defines which party will cover the freight costs. This component is often characterized as Freight Prepaid or Freight Collect.
  • Export and import requirements – Each term defines whether the seller or buyer is responsible for covering the costs and facilitating the export and import of the cargo.
  • The responsible party of freight insurance – In some Incoterms, freight insurance is a requirement. Each Incoterm will define who must pay for freight insurance.

List of Incoterms

  • EXW | Ex-Works or Ex-Warehouse
  • FCA | Free to Carrier
  • FAS | Free Alongside Ship
  • FOB | Free On Board
  • CFR | Cost and Freight
  • CIF | Cost, Insurance and Freight
  • CPT | Carriage Paid To
  • CIP | Carriage And Insurance Paid To
  • DAP | Delivered At Place
  • DPU | Delivered At Place Unloaded (replaces Incoterm® 2010 DAT)
  • DDP | Delivered Duty Paid

Shipping Container Specification

Dry Cargo Container

  • 20′ Steel Dry Cargo Container
  • 40′ Steel Dry Cargo Container
  • 40′ Hi-Cube Steel Dry Cargo Container

Refrigerated Container

  • 20′ M.G.S.S. Refrigerated Container
  • 20′ Aluminum Refrigerated Container
  • 40′ M.G.S.S. Hi-Cube Refrigerated Container
  • 40′ Hi-Cube Aluminum Refrigerated Container

Special Container

  • 20′ Full Height Open Top Container
  • 20′ Flat Rack Container with Collapsible End
  • 40′ Flat Rack Container with Collapsible End
  • 40′ Full Height Open Top Container

Dry Cargo Container

20′ Steel Dry Cargo Container

Exterior
Length Width Height
20′-0″ 8′-0″ 8′-6″
6.058 m 2.438 m 2.591 m
Interior
Length Width Height
19′-4 13/16″ 7′-8 19/32″ 7′-9 57/64″
5.898 m 2.352 m 2.385 m
Weight Door Opening
MGW TARE NET Width Height
52,910 lb 5,140 lb 47,770 lb 7′-8 1/8″ 7′-5 3/4″
67,200 lb 5,290 lb 61,910 lb 2.343 m 2.280 m
24,000 kg 2,330 kg 21,670 kg CU.M CU.FT
30,480 kg 2,400 kg 28,080 kg 33.1 1,169
Purpose

Captioned
units(MGW 30,480 KG) can be coordinated from EMCU 3204073 and
EISU 3568118. Used for all kinds of general cargo.

Dry Cargo Container

40′ Steel Dry Cargo Container

Exterior
Length Width Height
40′-0″ 8′-0″ 8′-6″
12.192 m 2.438 m 2.591 m
Interior
Length Width Height
39′-5 45/64″ 7′-8 19/32″ 7′-9 57/64″
12.032 m 2.352 m 2.385 m
Weight Door Opening
MGW TARE NET Width Height
67,200 lb 8,820 lb 58,380 lb 7′-8 1/8″ 7′-5 3/4″
2.343 m 2.280 m
30,480 kg 4,000 kg 26,480 kg CU.M CU.FT
67.5 2,385
Purpose
Used for all kinds of general cargo.

Dry Cargo Container

40′ Hi-Cube Steel Dry Cargo Container

Exterior
Length Width Height
40′-0″ 8′-0″ 9′-6″
12.192 m 2.438 m 2.896 m
Interior
Length Width Height
39′-5 45/64″ 7′-8 19/32″ 8′-9 15/16″
12.032 m 2.352 m 2.69 m
Weight Door Opening
MGW TARE NET Width Height
67,200 lb 9,260 lb 57,940 lb 7′-8 1/8″ 8′-5 49/64″
2.343 m 2.585 m
30,480 kg 4,200 kg 26,280 kg CU.M CU.FT
76.2 2,690
Purpose
Used for all kinds of general cargo.

Dry Cargo Container

45′ Hi-Cube Steel Dry Cargo Container

Exterior
Length Width Height
45′-0″ 8′-0″ 9′-6″
13.716 m 2.438 m 2.896 m
Interior
Length Width Height
44′-5 7/10” 7′-8 19/32” 8′-10 17/64”
13.556 m 2.352 m 2.698 m
Weight Door Opening
MGW TARE NET Width Height
67,200 lb 10,580 lb 56,620 lb 7′-8 1/8″ 8′-5 3/4″
2.340 m 2.585 m
30,480 kg 4,800 kg 25,680 kg CU.M CU.FT
86.1 3,040
Purpose
Used for all kinds of general cargo.

Refrigerated Container

20′ M.G.S.S. Refrigerated Container

Exterior
Length Width Height
20′-0″ 8′-0″ 8′-6″
6.058 m 2.438 m 2.591 m
Interior
Length Width Height
18′- 17/32″ 7′-6 15/32″ 7′-5 39/54″
5.5 m 2.298 m 2.276 m
Nominal Weight
Cubic Capacity MGW TARE
1006 cu.ft. 67,180 lb 6,700 lb
30,480 kg 3,040 kg
28.5 cu.m. CU.M CU.FT
28.8 1,016
Cooling capacity Air exchange rate Type Temp.
control precision
w(kcal)/C(F) CFM cu.m/hr
11,000(9,460)/1.7(35)
6,280(5,400)/-18(0)		 0-106 0-180 MHI
CPE14-2BAIIIEU		 +-0.25C
10,550(9,073)/2(35)
6,150(5,289)/-18(0)		 0-142 0-240 CARRIER
69NT40-551-501		 +-0.25C
Purpose
Used for all kinds of general cargo.

Refrigerated Container

20′ Aluminum Refrigerated Container

Exterior
Length Width Height
20′-0″ 8′-0″ 8′-6″
6.058 m 2.438 m 2.591 m
Interior
Length Width Height
17′-9 15/16″ 7′-6″ 7′-3.63/64″
5.543 m 2.286 m 2.235 m
Nominal Weight
Cubic Capacity MGW TARE
978.46 cu.ft. 52,800 lb 6,314 lb
24,000 kg 2,870 kg
27.72 cu.m. CU.M CU.FT
27.72 978.46
Cooling capacity Air exchange rate Type Temp.
control precision
w(kcal)/C(F) CFM cu.m/hr
11,000(9,460)/1.7(35)
6,280(5,400)/-18(0)		 0-106 0-180 MHI
CPE14-2BAIIIEU		 +-0.25C

Refrigerated Container

40′ M.G.S.S. Hi-Cube Refrigerated Container

Exterior
Length Width Height
40′-0″ 8′-0″ 9′-6″
12.192 m 2.438 m 2.896 m
Interior
Length Width Height
37′-11 55/64″ 7′-6 15/32″ 8′-4 5/32″
11.579 m 2.298 m 2.544 m
Exterior
Length Width Height
40′-0″ 8′-0″ 9′-6″
12.192 m 2.438 m 2.896 m
Interior
Length Width Height
37′-11 55/64″ 7′-6 15/32″ 8′-4 5/32″
11.579 m 2.298 m 2.544 m

Refrigerated Container

40′ Hi-Cube Aluminum Refrigerated Container

Exterior
Length Width Height
40′-0″ 8′-0″ 9′-6″
12.192 m 2.438 m 2.896 m
Interior
Length Width Height
38′-1 13/32″ 7′-6″ 8′-2 23/32″
11.618 m 2.286 m 2.507 m
Exterior
Length Width Height
40′-0″ 8′-0″ 9′-6″
12.192 m 2.438 m 2.896 m
Interior
Length Width Height
37′-11 55/64″ 7′-6 15/32″ 8′-4 5/32″
11.579 m 2.298 m 2.544 m

Special Container

20′ Full Height Open Top Container

Exterior
Length Width Height
19′-10 1/2″ 8′-0″ 8′-6″
6.058 m 2.438 m 2.591 m
Interior
Length Width Height
19′-4 13/64″ 7′-8 19/32″ 7′-7 11/16″
5.898 m 2.352 m 2.329 m
Weight Door Opening
MGW TARE NET Width Height
52,910 lb 5,310 lb 47,600 lb 7′-8 1/4″ 7′-4 31/32″
24,000 kg 2,410 kg 21,590 kg 2.343 m 2.260 m
CU.M CU.FT
32.5 1,148
Purpose
Captioned units can be coordinated from UGMU 490001~UGMU 490150
and EMCU 460161~EMCU 460520.

Special Container

20′ Flat Rack Container with Collapsible End

Exterior
Length Width Height
20′-0″ 8′-0″ 8′-6″
6.058 m 2.438 m 2.591 m
Interior
Length Width Height
18′-5 31/32″ 7′-3 23/32″ 7′-3 59/64″
5.638 m 2.228 m 2.233 m
Weight
MGW TARE NET
74,950 lb 6,370 lb 68,580 lb
34,000 kg 2,890 kg 31,110 kg
Purpose
Captioned units can be coordinated from EISU 750000 to EISU 750300.

Special Container

40′ Flat Rack Container with Collapsible End

Exterior
Length Width Height
40′-0″ 8′-0″ 8′-6″
12.192 m 2.438 m 2.591 m
Interior
Length Width Height
38′-7 39/64″ 7′-3 23/32″ 6′-4 61/64″
11.752 m 2.374 m 1.955 m
Weight
MGW TARE NET
99,210 lb 10,800 lb 89,410 lb
45,000 kg 4,900 kg 40,100 kg
Purpose
Captioned units can be coordinated from EISU 710000~EISU 710500.

Special Container

40′ Full Height Open Top Container

Exterior
Length Width Height
40′-0″ 8′-0″ 8′-6″
12.192 m 2.438 m 2.591 m
Interior
Length Width Height
39′-7″ 7′-8 9/10″ 7′-8 3/5″
12.032 m 2.352 m 2.348 m
Weight
MGW TARE NET
67,200 lb 9,499 lb 57,701 lb
30,480 kg 4,300 kg 26,180 kg
CU.M CU.FT
65.9 2,327
Purpose
Captioned units can be coordinated from EMCU 400362~EMCU 400601,
UGMU 407001~UGMU 407050 and EISU 400001~EISU 400600.

Special Container

40′ Hi-Cube Hanger Container

Exterior
Length Width Height
40′-0″ 8′-0″ 9′-6″
12.19 m 2.44 m 2.90 m
Interior
Length Width Height
39′-5 45/64″ 7′-8 19/32″ 8′-9 15/16″
12.03 m 2.35 m 2.69 m
Weight Door Opening
MGW TARE NET Width Height
67,200 lb 9,172 lb 58,028 lb 7′-8 1/8″ 8′-5 49/64″
30,480 kg 4,200 kg 26,280 kg 2.343 m 2.585 m
Purpose
Used for all kinds of garment.

The Listed statues are for customers’ easy reference only.Before picking up requested containers, please contact the assigned sales person in order to confirm required specification.

:: The specifications listed above are for indication purpose only. Please always refer to the container right door for actual specifications.

* Pl. note: These are approximate measurements and may vary slightly from line to line.

DOCUMENTS REQUIRED FOR IMPORT AND EXPORT

SHIPPING INSTRUCTIONS