INCOTERMS 2010: ICC OFFICIAL RULES FOR THE INTERPRETATION OF TRADE TERMS

CFR - Cost and Freight (named port of destination)

The seller pays for the carriage of the goods up to the named port of destination. Risk transfers to buyer when the goods have been loaded on board the ship in the country of Export. The Shipper is responsible for origin costs including export clearance and freight costs for carriage to named port. The shipper is not responsible for delivery to the final destination from the port (generally the buyer's facilities), or for buying insurance. If the buyer does require the seller to obtain insurance, the Incoterm CIF should be considered. CFR should only be used for non-containerized seafreight and inland waterway transport; for all other modes of transport it should be replaced with CPT.

Who covers the logistics charges?

Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller

distribution-CPT

Incoterms 2010

  • CFR — Cost and Freight
  • CIF — Cost, Insurance and Freight
  • CIP — Carriage and Insurance Paid Тo
  • CPT — Carriage Paid To
  • DAP — Delivered at Place
  • DDP — Delivered Duty Paid
  • DAT — Delivered at Terminal
  • EXW — EX Works
  • FAS — Free Alongside Ship
  • FCA — Free Carrier
  • FOB — Free On Board
  • incoterms 2010 mini logo

Incoterms 2000

  • DDU — Delivered Duty Unpaid
  • DES — Delivered Ex Ship
  • DEQ — Delivered Ex Quay
  • DAF — Delivered At Frontier
first Container Tracking The tracking system allows to determine the current position of your container on the world map and determines the port and the time spent in port of congestion.
second Load Calculator Choose the equipment type (container or truck), packing type and dimensions. Get a 3D image of stowing mixed sized cargo in the most efficient manner!
third Route Planner Route Planner is a web-based service that helps you to provide your customers with information about shipments/parcels on the World map.
fourth Logistics Explorer Whether you need port to port or door to door service, choose any place of loading and final destination and get the brief description of route, transit time and an instant freight rate for any type of service.