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https://www.investopedia.com/ask/answers/072815/what-difference-between-cost-and-freight-cfr-and-cost-insurance-and-freight-cif.asp
Apr 10, 2019 · Cost and freight (CFR) is a trade term that requires the seller to transport goods by sea to a required port. Cost, insurance, and freight (CIF) is what a seller pays to cover the costs, insurance, and freight against the potential damage of loss of a buyer's order.
https://www.tradefinanceglobal.com/posts/shipping-terms-matter-difference-cfr-cif-fob/
Dec 17, 2016 · Cost and Freight. The term CFR means that the seller has more responsibility; they will pay for and arrange transportation. This can be contrasted with a seller under an FOB shipping transaction; where the seller is merely responsible for delivery of the goods to the port of origin; they will then be transported.
https://www.tradefinanceglobal.com/freight-forwarding/incoterms/cfr-cost-and-freight-shipping-meaning/
Cost and Freight. The term CFR means that the seller has more responsibility; they will pay for and arrange transportation. This can be contrasted with a seller under an FOB shipping transaction; where the seller is merely responsible for delivery of the goods to the port of origin; they will then be transported.
https://freighthub.com/en/blog/cif-incoterm/
Feb 22, 2018 · 6) Under CIF Incoterm rule the seller’s obligation in terms of risk ends once the cargo has been delivered on board the ship and not when it reaches the named destination. 7) Therefore, any risk to cargo after it has been delivered to the named destination will be to the buyer’s account which may also include further on-carriages.
https://internationalcommercialterms.guru/incoterms-cif/
Explained In CIF terms, the seller clears the goods at origin places the cargo on board and pays for insurance until the port of discharge at the minimum coverage. Even though the seller pays for insurance during the main carriage, the risk is transferred to the buyer at the time the goods are on board.
https://www.incotermsexplained.com/delivery/
Delivery. Under the Incoterms rules, “delivery” is linked to the transfer of risk and responsibility for the consignment from the seller to the buyer. Particular care must be taken with the “C” rules: “ CPT Carriage Paid to ”, “CIP Carriage and Insurance Paid to”, “CFR Cost and Freight“, “CIF …
https://www.investopedia.com/ask/answers/072815/what-difference-between-cost-and-freight-cfr-and-free-board-fob.asp
Feb 17, 2020 · The primary difference between using cost and freight (CFR) and free on board (FOB) shipping lies in who must pay for various shipping or freight costs—the buyer or the seller. The terms …
https://www.investopedia.com/terms/c/cfr.asp
Apr 20, 2019 · Cost and freight (CFR) is a trade term obligating the seller to arrange sea transportation to a port of destination and provide the buyer with the documents necessary to obtain the goods from the ...Author: Adam Barone
https://www.investopedia.com/terms/c/cif.asp
Mar 21, 2020 · The contract terms of CIF define when the liability of the seller ends and the liability of the buyer begins. CIF is a conventional method of shipping goods for importers.
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