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International Trade Terms GROUP C Group C: Main Carriage Unpaid CFR Cost and Freight 成本加运费 CIF Cost Insurance and Freight 成本、保险费加运费 CPT Carriage Paid To 运费付至 CIP Carriage Insurance Paid To 运保费付至 COST AND FREIGHTCFR(…named port of destination) Incoterms? 2010 The seller delivers the goods on board the vessel or procures the goods already so delivered (确保货物已如此装运). The risk of loss of or damage to the goods passes when the goods are on board the vessel. COST AND FREIGHTCFR(…named port of destination) Incoterms? 2010 The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination. CFR 成本加运费Cost and freight(…named port of destination) 3)Costs of the Seller Case Study: 某公司按CFR贸易术语与法国马赛一进口商签订一批抽纱台布出口合同,价值8万美元。货物于1月8日上午装“昌盛轮”完毕。业务员当天因经工作繁忙,待到9日上班时才想起给买方发装船通知。法商收到我装船通知向当地保险公司申请投保时,该保险公司已获悉“昌盛轮”已于9日凌晨在海上遇难而拒绝承担。于是法商立即来电表示该批货物损失应由我进出口公司承担并同时索赔8000美元,且拒不赎单。我方钱货两空的教训实值得吸取。 Case Study COST INSURANCE AND FREIGHTCIF(…named port of destination) Incoterms? 2010 Only for sea and inland waterway transport Place of delivery Contract of carriage Unloading expenses CIF: Cost Insurance and Freight (…named port of destination)成本、保险费加运费 Contract of Insurance The seller also has to procure marine insurance against the buyers risk of loss of or damage to the goods during the carriage. CIF=CFR + I 风险划分的问题 Case Study A Chinese exporter exported 500 M/T walnut to a Canadian importer on the basis of USD 4800 per M/T CIF Quebec. As it was a seasonal commodity, the importer required and both parties agreed to stipulate the following in the contract. L/C Issuing Date: to be issued by the end of September. Shipment: Not later than Oct.31, partial shipment and transshipment prohibited. Arrival Date: Not later than Nov.30. Otherwise, the buyer is entitled to refuse the goods. Terms of Payment: Draft at 90T/D under L/C. Due to the weather, the liner arrived at Quebec on Dec.5. Co
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