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Learn what CIF shipping is and see the pros and cons of sending ocean freight under a CIF shipping agreement.
When the buyer has more control on shipping, he can hire a freight company of his choice. At any point during the transportation, the buyer knows the status of the shipment since he is the central contact. Whereas, if the seller arranges for shipping, the buyer is not in direct touch wi...
CIF(cost, insurance, and freight): This term is similar to CFR, but it includes an additional requirement for the seller to secure marine insurance for the goods. The seller is responsible for arranging and paying for this insurance to cover the buyer’s risk during transit. However, the tr...
CIF (Cost Insurance & Freight) Shipping Incoterm explained easily. Learn which incoterm is right for your international shipment at Freightos.com
按FOB条件成交，装船时货物经检验，符合合同规定的品质条件，卖方在装船后及时向买方发出装运通知。但船舶在航行途中，由于遭遇触礁事件，小麦被入侵海水浸泡，品质受到严重影响。当货物到达目的港后，只能降价出售，买方因此要求卖方赔偿其差价损失。卖方对上述情况下产生的货物损失是否要承担赔偿责任？为什么？
CNF is the short form for cost and freight and it is also known as CFR and C&F. It refers to a contract between a shipper (mostly a seller) and a consignee (commonly a buyer) regarding shipment charges. This terminology is only used for sea freight. Seller pays to deliver the goods ...
A Supplier Corrective Action Request or SCAR is a formal request given by an organization to its supplier requesting the rectification of an issue associated with quality or non-compliance with a regulation.
the seller must arrange and pay for transporting the cargo to a specified port. The seller is also responsible for delivering the goods, clearing them for export, and loading them onto the transport ship. However, once the shipment is loaded...
goods during transit. The seller assumes the costs and risks associated with transport until delivery which is when the buyer assumes responsibility under a CIF agreement.3The seller transfers the risk and costs to the buyer when the shipment is loaded onto the shipping vessel with an FOB ...