CFR (Cost and Freight) is an international trade term used in shipping contracts where the seller must cover the costs and freight necessary to bring goods to a specified port of destination, but without insurance coverage included.
Comprehensive explanation of the DAP Incoterm, including historical context, types, key events, formulas, diagrams, importance, applicability, examples, and more.
Free Alongside Ship (FAS) is a shipping term used in international trade where the seller's responsibility ends once the goods are placed alongside the vessel. The buyer then assumes all risks and costs from that point forward.
An in-depth look at 'Delivered at Frontier' (DAF), an Incoterm specification requiring sellers to deliver goods to a border location. Learn how it works, the involved responsibilities, and its applicability in international trade.
Learn about the discontinued trade term Delivered Ex Ship (DES), its implications for buyers and sellers, and how it compares to modern trade terms like DAT and DAP.
