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DELIVERY METHODS (INCOTERMS 2010)
Modes of Delivery have been amended. ICC published the revision of Incoterms 2010 on September 27, 2010. This revision became effective as of January 1, 2011. INCOTERMS is a term formed by combining some syllables from the English words (International commercial terms). INCOTERMS are prepared by the ICC (International Chamber of Commerce) (ICC).
The most radical change was the repeal of four rules. The terms DAF (Delivered at Frontier), DES (Delivered Ex Ship), DEQ (Delivered Ex Quay) and DDU (Delivered Duty Unpaid) were abolished with effect from the beginning of 2011. In their place, two new terms, DAT (Delivered at Terminal) and DAP (Delivered at Place) were introduced. Thus, the number of Incoterms rules was reduced from 13 to 11.
INCOTERMS were also divided into two general groups. The rules covering all types of transportation were determined as EXW - FCA - CPT - CIP - DAT - DAP - DDP. The FAS - FOB - CFR - CIF rules were grouped under the classification of "rules specific to maritime and inland waterway transportation" to cover only waterway transportation.
On the other hand, very important changes were made in the content of FAS - FOB - CFR - CIF rules.