Cost, Insurance and Freight ……..(to named port of destination) Incoterms 2010. means that the seller must pay the costs and freight charges necessary to bring the goods to the named port of destination but with the addition that he has to procure marine insurance against the buyer’s risk of loss or damage to the goods [...]
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CFR
By admin on August 28th 2010 - No Comment
Cost and freight….. (named port of destination) means that the seller must pay the costs and freight charges necessary to bring the goods to the named port of destination. However it is important to note that the risk of loss or damage to the goods as well as any additional costs occurring after the time [...]
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