Incoterms 2020 launched

The ten year review of Incoterms was completed last month with the publication of Incoterms 2020

These now become the legal trading terms and replace Incoterms 2010.

Some of the highlights of the revised terms are:-

a)A change of the three-letter name for Delivered at Terminal (DAT) to Delivered at Place Unloaded (DPU)

b)Includes arrangements for carriage with own means of transport in FCA, Delivered at Place (DAP), Delivered at Place Unloaded (DPU) and Delivered Duty Paid (DDP)

c)Includes security-related requirements within carriage obligations and costs

d)Aligns different levels of insurance covergae in Cost Insrance & Freight (CIF) and Carriage & Insurance Paid to (CIP)

The International Chamber of Commerce (ICC) warns users of Incoterms to be very wary of anything other than the official ICC guidance. Companies that rely on other sources of information found online could be faced with adverse consequences to their business and to their insurers. The ICC have issued a new publication of Incoterms 2020 which can be obtained from the ICC Bookshop. For further information please contact our team.

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MIES International Limited • Registered in England No.1261687 •Registered Office: Unit B Tame Park, Vanguard, Tamworth, B77 5DY
CAA listed Agent No GB/RA/00078-03/ BIFA Member No 953 | AEO Certification No UKAEOC00096/09 |


All business of the company is transacted strictly in accordance with our Standard Trading Conditions of the British International Freight Association (BIFA). These conditions contain limitations and exclusions and copies of these can be provided upon request as applicable. All trading conditions are the current edition thereof.

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