Incoterms

At MAARCOM, we offer flexible international shipping terms based on our clients' needs. We work under globally recognized Incoterms® 2020, which define our responsibilities and those of our buyers in international trade. Below are the terms we typically use.

By offering multiple Incoterm options like FOB, CIF, CPT, CIP, and EXW, we ensure flexibility and transparency, allowing our international clients to choose the terms that best suit their logistics and budgeting preferences.

1. FOB (Free On Board)

Meaning:

We deliver the goods to the port of shipment and load them onto the vessel. From that point, the risk and responsibility is transferred to the buyer.

Best for:

Buyers with their own freight arrangements.

2. CIF (Cost, Insurance & Freight)

Meaning:

We handle the cost of goods, freight, and insurance up to the buyer’s destination port. This ensures peace of mind for buyers during ocean shipping. From that point, the risk and responsibility is transferred to the buyer.

Best for:

Buyers who prefer a full shipping solution including basic insurance.

3. CPT (Carriage Paid To)

Meaning:

We cover the cost of carriage to a specified destination. However, the risk transfers to the buyer once the goods are handed over to the carrier in India.

Best for:

Air or multimodal shipments where the buyer handles insurance separately.

4. CIP (Carriage and Insurance Paid To)

Meaning:

We not only cover transportation costs up to the destination but also arrange insurance for the buyer during the transit. From that point, the risk and responsibility is transferred to the buyer.