CIF is one of the international commerce terms known asIncoterms. Incoterms are common trade rules developed by theInternational Chamber of Commerce (ICC)in 1936.2The ICC established these terms to govern the shipping policies and responsibilities of buyers and sellers who engage in international trad...
CIF is one of the international commerce terms known asIncoterms. Incoterms are common trade rules developed by theInternational Chamber of Commerce (ICC)in 1936.2The ICC established these terms to govern the shipping policies and responsibilities of buyers and sellers who engage in international trad...
As per Inco terms of shipping, DDP means Delivered Duty Paid (named destination mentioned). CIF means, Cost, Insurance and Freight (paid up to the destination mentioned). The detailed articles on CIF and DDP with simple language have been mentioned in this web blog separately. I suggest you ...
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(1)船方负担装卸费和卸货费(GrossTerms或BerthTerms)。在此条件下，船货双方一般以船边划分费用，多用于木材和包装货物的运输。(2)船方只装不卸(Freeout/F.O.)，即船方负担装货费，但不负担卸货费。(3)船方只卸不装(Freein/F.I.)，即船方负担卸货费，但不负担装货费。(4)船方不装不卸...
(1)船方负担装卸费和卸货费(GrossTerms或BerthTerms)。在此条件下,船货双方一般以船边划分费用,多用于木材和包装货物的运输。 (2)船方只装不卸(Freeout/F.O.),即船方负担装货费,但不负担卸货费。 (3)船方只卸不装(Freein/F.I.),即船方负担卸货费,但不负担装货费。 (4)船方不装不卸(Freeinand...
What are the CIF Shipping Terms? Terms in a CIF arrangement are as follows:- In the CIF terms, the place of destination is acknowledged by both parties. The seller is responsible for transit and freight till the importing country’s port. ...
1) Check the shipment terms in a contract: Do check the relative shipment terms in the contract after receiving the L/C, such as shipment date, validity of L/C, loading port, destination port, if transshipment or partial shipment is allowed, if the shipping company is designated, name of...
FOB是国际贸易中常用的贸易术语之一。FOB的全文是Free On Board(…named port of shipment)，即船上交货(…指定装运港)，习惯称为装运港船上交货。按此术语成交，由买方负责派船接运货物，卖方应在合同规定的装运港和规定的期限内，将货物装上买方指定的船只，并及时通知买方。货物在装船时越过船舷...
Here are a few sample paragraphs for representing CIF terms in an agency contract in an informal and varied English style: 1. When it's CIF, we take care of everything from shipping to insurance. You just need to focus on the product and we'll handle the logistics. It's a simple way...