What are Incoterms? Incoterms are a set of rules developed and published by the International Chamber of Commerce (ICC) which define the moment of delivery of goods. IncotermsĀ do notĀ govern the transfer of property or title of goods. The latest version of Incoterms were released for use January this year – Incoterms 2020 CIF and CIPContinue reading “Changes to CIF and CIP in Incoterms 2020”