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https://www.investopedia.com/ask/answers/020215/what-difference-between-cif-and-fob.asp
Feb 27, 2020 · Cost, Insurance, and Freight (CIF) and Free on Board (FOB) are international shipping agreements used in the transportation of goods between a buyer and a seller. They are among the most common of...
https://www.investopedia.com/terms/c/cif.asp
Mar 21, 2020 · Terms of Cost, Insurance, and Freight (CIF) 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 ...
https://www.reference.com/business-finance/cif-stand-shipping-38fc2caea9678913
CIF stands for "cost, insurance and freight" in shipping. This is a trade term meaning that the seller must arrange for the carrying of goods by sea to a destination port as well as provide the buyer with any necessary documents to receive the goods from the carrier.
https://howtoexportimport.com/What-is-CIF-terms-of-delivery-in-Exports-and-Impor-25.aspx
Under CIF terms of delivery in export business, Cost Insurance and Freight included in the selling cost of goods. I will explain CIF terms of delivery with a simple example. You are a Machinery seller situated in Mumbai, India. The buyer is situated in New York.
https://freighthub.com/en/blog/cif-incoterm/
Feb 22, 2018 · Buyer’s obligation. CIF means that the seller is obligated but not restricted to : Handle any movement past the agreed place of destination. Cover the risk to cargo from the time the seller delivers the cargo on board the ship. Handle any and all import permits, quotas, special documentation, etc. relating to the cargo.
https://www.answers.com/Q/What_do_CIF_and_FOB_mean_in_shipping_terms
These are global shipping terms which are used in international trade: CIF means Cost Insurance and Freight. That means the shipper/trader has to pay the cost... FOB stands for Free On Board which means the shipper/trader pays only costs up to the ship and...
https://andrewminalto.com/cnf-cif-fob-explained/
CIF — Cost, Insurance and Freight. For CIF, the price also includes sea freight charges and insurance to deliver the goods to YOUR nearest port. But remember, it’s only to the port. From that point onwards, it’s up to you to take responsibility for the shipment.
https://www.morethanshipping.com/should-i-buy-cif-or-fob/
Nov 14, 2011 · So what does FOB and CIF means ? CIF – COST INSURANCE AND FREIGHT (named port of destination): Seller must pay the costs and freight includes insurance to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the ship.
http://www.containerquote.com/shipping-terms-fob-cnf-cif
CIF means they will pay for the cost, the insurance and the freight, where CNF means the consignee is responsible for the insurance only. These terms are misused throughout the industry and bent to make it make sense for the people involved.
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