Incoterms Archives - B&G Maritime

The Importance of Incoterms in International Maritime Trade

by Tupac Bruch
May 14, 2025May 14, 2025

In international maritime trade, clarity in responsibility and risk management is essential. This is where Incoterms (International Commercial Terms) come into play. Established by the International Chamber of Commerce (ICC), Incoterms provide standardized rules that… The Importance of Incoterms in International Maritime Trade

FOB, CIF, and EXW: What Do They Mean and Which Is Best for Your Business?

by Tupac Bruch
March 17, 2025March 17, 2025

If you’re involved in international trade, you’ve likely come across Incoterms (International Commercial Terms), which define the responsibilities of buyers and sellers in a transaction. Among the most commonly used are FOB (Free On Board),… FOB, CIF, and EXW: What Do They Mean and Which Is Best for Your Business?