Incoterms 2020

The new Incoterms 2020 are currently being drafted and here a some of the proposed changes and inclusions;

  • Removal of FAS, EXW and DDP
  • Creation of a new incoterm CNI (Cost and Insurance)
  • Relationship between incoterms and sales contracts
  • Transport Security
  • Insurance regulations

The new Incoterms 2020 will be issued and published in Q4 of 2019 and would take effect from January 01st 2020. The Noble Freight Services team will be sure to keep you informed of any major changes and sit down with you to discuss further in due course.

do you have control and visibility of your existing supply chain?

No? Call us today, we are committed to adding value to your business and to be your first point of call.

Contact Us