INTEL
Status: blockedCLUSTERNovorossiysk-Turkish-Med Dark Fleet Cluster added — confirmedStatus: blockedCLUSTERPinnacle Petrol LLC added — likelyStatus: blockedCLUSTERSimar Chahal added — confirmedStatus: blockedCLUSTERSSW Kafcima added — likelyStatus: blockedCLUSTERNW Corp Singapore added — likelyStatus: pendingCORPUS429 entities · 64 countries
All terms

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.

These terms show up in real deal pitches — some legitimate, some not. OilFlow screens the counterparty behind the pitch against 7 sanctions lists + PEP and a first-party-investigated fraud-cluster corpus, with a clearance verdict in under 30 seconds.