It needs to be emphasized that, according to the CIF terminology, although the seller arranges the transportation of the goods and handles freight insurance, the seller does not undertake the obligation to guarantee the delivery of the goods to the agreed port of destination, because CIF is a t...
In CIF, the seller is responsible for all charges up to the destination port, but import duties are typically the buyer's responsibility. 9 What does CIF stand for in shipping terms? CIF stands for Cost, Insurance, and Freight, indicating that the seller pays for these up to the destinati...
FOB is free on bord 只要卖家将货物送到bord就完成任务，不负任何责任，即离岸价 CIF is cost insurance and freight 卖家要负责保险和运费 即到岸价
What does CIF mean in shipping? Cost, insurance, and freight (CIF) shipping is an international shipping agreement that pertains to ocean and inland waterway shipments. Under a CIF freight agreement, the seller pays all insurance, handling, and freight charges until the buyer’s order arrives ...
声明: 本网站大部分资源来源于用户创建编辑，上传，机构合作，自有兼职答题团队，如有侵犯了你的权益，请发送邮箱到feedback@deepthink.net.cn 本网站将在三个工作日内移除相关内容,刷刷题对内容所造成的任何后果不承担法律上的任何义务或责任
FAS (Free Alongside Ship):In this scenario, the seller is in charge of arranging customs clearance and delivering the items to the quayside of an outbound shipping vessel. CIF (Cost, Insurance, and Freight): The buyer is responsible for insurance and freight costs; the vendor covers only shi...
What Does CIP Mean in Shipping Terms? CIP in shipping means that the seller is responsible for the expenses of transporting goods, including insurance, until the goods are delivered to the first carrier, whereupon the buyer assumes responsibility. In shipping, if the ship is the first carrier ...
Freight Management Logistics: What Exactly Does FOB Stand For? Freight Quote: What Does FOB Mean in the Freight Industry? More Than Shipping: Should I Buy CIF or FOB? A Free Speech Search Engine Ethereal Search Engine Should You Buy an Electric Car?
CIF stands for Cost, Insurance and Freight, whereas FOB stands for Free on Board. Both CIF and FOB are agreements used for international shipping when products are transported between a seller and buyer. The main difference between CIF and FOB is who is responsible for the products in transit...
A seller in India agrees with a buyer in Canada on an FOB shipping point. The buyer is responsible for all costs associated with transporting the goods from India. Legal Terms Similar to FOB CIF (Cost, Insurance, and Freight) EXW (Ex Works) CFR (Cost and Freight) CPT (Carriage Paid To...