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
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Hey TTCI disagree, CFR stands for cost and freight and the...
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