Incoterms® 2020 clarified cost/risk transfer and insurance coverage in several rules. Even so, the language used in day-to-day purchase orders and sales contracts often lags. The most common issue is mixing cost and risk at the named point — for example, CIF wording that implies risk passes on delivery, not on loading.
CIP now requires Institute Cargo Clauses (A) coverage as default; CIF still uses (C). Teams that copy-paste insurance clauses between rules end up either under- or over-insured. Documenting the intended level of cover alongside the Incoterm avoids arguments when a claim hits.
FCA with a named place can replace FOB in container trades — shipments at the terminal gate are more representative than vessel loading. When counterparties insist on FOB for containers, confirm who covers terminal handling and seaside charges to avoid demurrage and detention creeping into the price column.
All commentary is general market context and does not constitute legal, tax, or investment advice. Obtain professional counsel for your specific transaction.