• CIF
  • CIP
  • CPT
  • DAF
  • DDP
  • DDU
  • DES
  • DEQ
  • EXW
  • FAS
  • FCA
  • FOB
Cost and Freight (… named port of destination)

“Cost and Freight” means that the seller delivers when the goods pass the ship’s rail in the port of shipment.

The seller must pay the costs and freight necessary to bring the goods to the named port of destination, but the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time of delivery, are transferred from the seller to the buyer.

The CFR term requires the seller to clear the goods for export.

This term can be used only for sea and inland waterway transport. If the parties do not intend to deliver the goods across the ship’s rail, the CPT term should be used.

Incoterms 2000
ICC Publication no. 560 – ISBN 92.842.1199.9
Published in its official English version by the International Chamber of Commerce
Copyright © 1999 – International Chamber of Commerce (ICC)
Available from: ICC Publishing S.A., 38, Cours Albert 1er, 75008 Paris, France, or ICC
Publishing, Inc., 156 Fifth Avenue, Suite 417, New York, NY 10010, USA

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