CFR | Cost and Freight CFR Incoterms® 2020

Modified on Fri, 23 Jul, 2021 at 1:45 PM

Waterway Transport

The delivery happens when the seller puts the goods on the ship. If the goods were damaged or lost on the ship on the way to the buyer, the seller does not have to pay for the damage or loss. The seller has to arrange and pay for the ship as well as the fee to unload the goods at the destination port.

Under CFR, the seller has to do the export clearance.


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