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All terms

Shipping & logistics

CFR

Cost and Freight — seller pays cost and freight to the discharge port; risk passes at load port.

CFR (Cost and Freight) under Incoterms 2020: the seller pays for cost and freight to the named discharge port. Risk passes at the load port — the buyer bears cargo risk in transit. The seller does not pay marine insurance; that's the buyer's call (or use CIF).

Related: FOB, CIF, Incoterms.

See also

fobcifincoterms

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