{"id":5790,"date":"2020-06-04T06:20:47","date_gmt":"2020-06-04T06:20:47","guid":{"rendered":"https:\/\/syamhassan.com\/my\/?p=5790"},"modified":"2020-06-04T06:20:47","modified_gmt":"2020-06-04T06:20:47","slug":"quicknotes-incoterms-cfr-cost-and-freight-named-port-of-destination","status":"publish","type":"post","link":"https:\/\/syamhassan.com\/my\/quicknotes-incoterms-cfr-cost-and-freight-named-port-of-destination\/","title":{"rendered":"QuickNotes Incoterms &#8211; CFR \u2013 Cost and Freight &#8230; (named port of destination)"},"content":{"rendered":"<p>CFR \u2013 Cost and Freight &#8230; (named port of destination)<br \/>\n\u2022\tIn CFR the seller clears goods for exports and delivers when goods are on board.<br \/>\n\u2022\tThe seller pays for freight to transport the goods until the final port of destination. However, the risk transfer occurs when goods are on board.<br \/>\n\u2022\tThis term is used in ocean and inland waterway transportation. The contract must specify the exact port of destination.<br \/>\n\u2022\tIf shipment is containerized, it is preferred to use CPT.<br \/>\n\u2022\tThis term is usually applied when goods are in bulk cargo like grains and oil, oversized cargo or cargo that exceeds the normal dimensions to fit inside a container.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CFR \u2013 Cost and Freight &#8230; (named port of destination) \u2022 In CFR the seller clears goods for exports and delivers when goods are on board. \u2022 The seller pays for freight to transport the goods until the final port of destination. However, the risk transfer occurs when goods are on board. \u2022 This term [&#8230;]\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[75],"class_list":["post-5790","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-incoterms"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>QuickNotes Incoterms - CFR \u2013 Cost and Freight ... (named port of destination) - Syam.h<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QuickNotes Incoterms - CFR \u2013 Cost and Freight ... 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However, the risk transfer occurs when goods are on board. \u2022 This term [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/syamhassan.com\/my\/quicknotes-incoterms-cfr-cost-and-freight-named-port-of-destination\/\" \/>\n<meta property=\"og:site_name\" content=\"Syam.h\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-04T06:20:47+00:00\" \/>\n<meta name=\"author\" content=\"Nazira Md Latib\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nazira Md Latib\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/syamhassan.com\/my\/quicknotes-incoterms-cfr-cost-and-freight-named-port-of-destination\/\",\"url\":\"https:\/\/syamhassan.com\/my\/quicknotes-incoterms-cfr-cost-and-freight-named-port-of-destination\/\",\"name\":\"QuickNotes Incoterms - CFR \u2013 Cost and Freight ... 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