TransportationCIF
Incoterm CIF (Cost, Insurance and Freight)
International trade term where the seller pays cost, insurance, and freight to the destination port. Risk transfers to the buyer when goods cross the ship's rail at the port of shipment.
International trade term where the seller pays cost, insurance, and freight to the destination port. Risk transfers to the buyer when goods cross the ship's rail at the port of shipment.
The seller delivers goods on board the vessel, pays freight and minimum marine insurance (Clause C) to the destination port. The buyer assumes risk from shipment and pays discharge, customs, and local transport.
FCA (Free Carrier)
An Incoterm where the seller delivers goods to the carrier nominated by the buyer at a named place, transferring risk and responsibility at that point.
LogisticsDAP (Delivered at Place)
An Incoterm where the seller bears all costs and risks until goods are delivered at the agreed destination, without clearing them for import or unloading them.
LogisticsOcean Freight
The cost of transporting goods by sea from the port of origin to the port of destination, a fundamental component of customs value.
FinancialInternational Cargo Insurance
Policy protecting merchandise against loss or damage during international transport. Covers maritime, land, and air risks. Can be per-shipment or open (floating) policy.