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What Does Cfr Stand For In Shipping? [Solved]
Cost and Freight Under CFR terms (short for “Cost and Freight”), the seller is required to clear the goods for export, deliver them onboard the ship at the port of departure, and pay for transport of the goods to the named port of destination. The risk passes from seller to buyer when the seller delivers the goods onboard the ship.
Understanding the Correct Point of Delivery in CIF Incoterms
There are 11 Incoterm rules in the current Incoterms 2010 published by the International Chamber of Commerce. They are: EXW …
Explained INCOTERMS - “C Group”. Difference of CFR / CIF / CPT / CIP in Logistics.
There are 4 trade terms in Incoterms “C Group”.
Shipping Terms- LIFO- FIFO-LILO
Shipping
