Incoterms are internationally recognised terms of trade, which govern the responsibilities of the buyer and seller. The majority of Australian wine is sold Free on Board (FOB), requiring the consignee to arrange freight from the port of shipment via their nominated carrier. For further information on INCOTERMS, the International Chamber of Commerce provide a wallchart, which summarises each INCOTERM and the responsibilities of each party. The Australian Customs Service also provide an informative fact sheet on INCOTERMS.