# FOB ( FREE ON BOARD...named port of shipment )
FOB means that the seller has fulfilled his obligation to deliver when the goods have physically passed over the ships rail at the named port of shipment.This means that the buyer has to bear all costs and risk of loss of or damage to the goods from that point.The FOB term requires the seller to clear the goods for export.This term can only be used for sea freight or inland waterway transport.When the ships rail serves no practical purpose,such as in the case of roll-on roll-off or any LCL or FCL container traffic,the FCA term is more appropriate to use.
# CFR ( COST AND FREIGHT ...named port of destination )
CFR means that the seller must pay the costs and freight necessary to transport the goods to the named destination port.The risk of loss of,or damage to,the goods,as well as any additional costs due to events occurring after the time that the goods have been delivered on board the vessel,is transferred from the seller to the buyer when the goods pass over the ships rail in the port of shipment.The CFR term requires the seller to clear the goods for export.This term can only be used for sea freight or inland waterway transport.When the ships rail serves no practical purpose,such as in the case of roll -on roll-off or any LCL or FCL container traffic,the CIP term is more appropriate to use.
# CIF (COST INSURANCE FREIGHT ...named port of destination )
CIF means that the seller has the same obligations as under the CFR term but with the additional
responsibility that he must procure marine insurance against the buyers risk of loss of or damage the goods during the period of carriage.The seller contracts for the insurance and also pays the premium.The buyer should note that under the CIF term the seller is only required to obtain insurance on minimum coverage.The CIF term requires the seller to clear the goods for export.This term can only be used for sea freight or inland waterway transport.When the ships rail serves no practical purpose,such as in the case of roll-on roll-off or any LCL or FCL container traffic,the CIP term is more appropriate to use.
好辛苦的.