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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 …
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. Sometimes people will use FOB destination instead of CIF.
https://andrewminalto.com/cnf-cif-fob-explained/
FOB – Free on Board (or Freight on Board). This basically means that the cost of delivering the goods to the nearest port is included but YOU, as the buyer, are responsible for the shipping from there and all other fees associated with getting the goods to your country/address.
https://www.tradefinanceglobal.com/posts/shipping-terms-matter-difference-cfr-cif-fob/
Dec 17, 2016 · The reason for the differences of terms are that each one sets out an agreement which governs the requirements of shipping that falls to buyers and sellers in cross border trade. The three types of shipping outlined above; being CIF, CFR or FOB are all agreements that are widely referred to as separate incoterms.
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.
https://www.leonlaw.com/blog/international-contract-terms-defined-fob-fas-cif-and-cf/
Nov 16, 2016 · Its use would be “FOB ” where would be the city or place where the goods would be left. This term is typically used in sales contract, and designates a location for the delivery of goods. For example, FOB Dallas means that the seller would provide the goods at the seller’s expense to Dallas.
https://www.freightquote.com/blog/what-does-fob-mean-in-freight-shipping/
May 21, 2019 · FOB stands for “free on board” or “freight on board” in shipping. It indicates when the liability and ownership of goods is transferred from a seller to a buyer. Get the full breakdown from Freightquote.
https://www.cosmosourcing.com/blog/incoterms-defined-fob-exw
Sep 24, 2018 · Incoterms, often called trade terms or shipping terms, are an international contract of sale. Incoterms is short for International Commercial Terms. EXW and FOB are far and away the two most common incoterms.Location: 99 Zhongtan road, Building 189, unit 1604 shanghai China
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