Hey TTC
I disagree, CFR stands for cost and freight and the seller pays for the cost of shipping to the named Port of Destination.
From Wiki:
CFR – Cost and Freight (named port of destination) Seller must pay the costs and freight to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the vessel (this rule is new!). Maritime transport only and Insurance for the goods is NOT included. This term is formerly known as CNF (C&F).
http://en.wikipedia.org/wiki/Incoterms
- Forums
- ASX - By Stock
- AGO
- qrtly out - where has the cash gone?
qrtly out - where has the cash gone?, page-32
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online