Cfr means in shipping terms Bekaa

cfr means in shipping terms

Understanding CFR vs. CIF Investopedia Part of the Comprehensive Incoterms Guide. CFR In Plain English. CFR (Cost And Freight) is a tricky incoterm. Read the details carefully. Not recommended. Where Is The Named Place For Handing Over Responsibility From The Seller To The Buyer?

Incoterms Defined What does EXW FCA FOB DAP DAT DDP

CFR Shipping The Complete GuideUpdated. 25.05.2017 · 1)What does FOB mean in a shipping term? & What is mean by FOB price? 2)What is the difference between CIF and CNF in shipping terms? 3)What is the difference between FCL and LCL? In …, CIF-Cost, Insurance and Freight "Cost, Insurance and Freight" means that the seller has the same obligations as under CFR but with the addition that he has to procure marine insurance against the buyer's risk of loss of or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium..

The difference between FOB and CIF shipping is the point at which responsibility for the shipment is passed between the seller and the buyer. When shipping on FOB (Free On Board) shipping terms, the supplier pays all the costs in the country of origin and the buyer takes responsibility once the goods are on board the ship. CFR-Cost and Freight "Cost and Freight" means that the seller must pay the costs and freight necessary to bring the goods to the named port of destination but the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time the goods have been delivered on board the vessel is transferred from

Shipping Terms Explained . If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods. Terms from […] Incoterms Group C! Read about some of the common incoterms beginning with the letter C like CFR, CIF, CPT and more. Contact us for commercial freight requests. Incoterms Definitions Part 2: CFR, CIF, CPT, CIP. This acronym means that the seller covers all the costs of bringing goods from their origin to the port of

CIF – Cost, Insurance and Freight paid to (Port of Destination) Characteristics. In CIF terms, the seller clears the goods at origin places the cargo on board and … It is important to have an understanding of cost and freight (CFR), cost, insurance and freight (CIF) and Free on board (FOB). Read our shipping terms guide to understand the importance of these terms and the relevance around the ICC.

Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, … Shipping Terms Explained . If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods.

25.05.2017 · 1)What does FOB mean in a shipping term? & What is mean by FOB price? 2)What is the difference between CIF and CNF in shipping terms? 3)What is the difference between FCL and LCL? In … Shipping Terms Explained . If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods.

CF means cargo and freight in shipping terms. The person who is selling goods pay for the cost of the goods and freight charges. CF has been replaced with CFR. Person employed by a ship owner, shipping company, charterer of a ship or shipper of goods to supervise cargo handling operations. Often called a port captain. SWAD

Cost and Freight CFR (CFR) is a type of 2010 IncotermВ® which describes how the Seller has the responsibility of the goods up until the destination port, and includes transport and customs. Don't make mistakes with our foolproof guide, checklist and case studies. Read our 2020 Ultimate Guide on Shipping and IncotermsВ®. The major difference between CFR and DAP is that the shipping term DAP is used in all modes of transport, where as CFR terms of shipping is used only for sea and inland water transport. What is DAP? What are the responsibilities of buyer and seller under DAP terms? How does CFR term work? What are the obligations of buyer and seller under CFR

The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. We hope you will find it useful. Disclaimer This information is disseminated under the sponsorship of the U. S. Department of Transportation in the interest of information exchange. The U.S. Government assumes no Terms from […] Incoterms Group C! Read about some of the common incoterms beginning with the letter C like CFR, CIF, CPT and more. Contact us for commercial freight requests. Incoterms Definitions Part 2: CFR, CIF, CPT, CIP. This acronym means that the seller covers all the costs of bringing goods from their origin to the port of

Shipping Terms Details Written by Administrator Published on 08 March 2009 Category: Shipping Info FREE IN, OUT, STOWED. If a freight rate is quoted on FIOS basis, it means that the shippers are responsible for and bear the cost of the loading, discharging and stowing charges. free in liner out (FILO): A freight rate that includes carriage and the cost of offloading as per the custom of the port. Free in liner out rate excludes the cost of loading and (where required) the cost of …

28.07.2015В В· Cost and freight (CFR) and cost, insurance, and freight (CIF) are terms used in international trade for the shipping of goods by sea. CFR requires the seller to arrange for the transport of goods Online U.S. Sea freight Calculator. Glossary of Shipping Terms. Get INSTANT Ocean Freight Price Quote Online 24/7. Economy LCL Shipping from the USA.

Document signed by the shipper which binds shipper to credit terms of the conference or agreement body. Cross Docking - The process of moving merchandise directly from the receiving dock to the shipping dock, eliminating the need to place the merchandise in storage. Cubic Foot - 1 … The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. We hope you will find it useful. Disclaimer This information is disseminated under the sponsorship of the U. S. Department of Transportation in the interest of information exchange. The U.S. Government assumes no

Shipping Terms Sabri Logistics

cfr means in shipping terms

Contract of carriage FOB CIF/CFR FOT and FCA. Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, …, When booking your transport online on Transporteca, selecting the CFR shipping option means that the transport price you see online includes all costs from your address at origin to the port, airport or terminal at destination.Besides the entire transport, it also includes the export customs clearance in your country. For more information on the international trading terms, find our post on.

Shipping Terms Sabri Logistics. Shipping Terms Explained . If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods., Shipping Terms Explained . If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods..

Shipping terms explained CFR CIF and FOB Trade Finance

cfr means in shipping terms

Incoterms Defined What does EXW FCA FOB DAP DAT DDP. The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law.They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers. Glossary Of International Shipping Terms A8A Manifest A form issued by a licensed Custom’s Broker which allows CCRA to monitor in bond shipments as they move through Canada. AMS Automated Manifest System. An application that expedites the clearance of ….

cfr means in shipping terms


Contract of carriage: FOB, CIF/CFR, FOT and FCA The coffee Remember that inland and marine transports are covered by different international conventions and even though a shipping line may arrange for the inland transport it will not necessarily Seller and buyer may not always be clear on the difference between the two terms. Shipping Terms Glossary. Air Brake The air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. Accessorial charges (also called assessorials) Any additional services required outside of the standard shipping procedure require additional fees from the carrier called accessorials.

Bhatia Jagdish : On 10 August 2016 I am very eager to know difference between CFR and CPT, but even after reading from your above site, I am not clear, in both it seems same meaning. I would like to know key difference. Sir, I would be highly thankful to you if you touch to the key point difference and explain me how one differ from other. The difference between FOB and CIF shipping is the point at which responsibility for the shipment is passed between the seller and the buyer. When shipping on FOB (Free On Board) shipping terms, the supplier pays all the costs in the country of origin and the buyer takes responsibility once the goods are on board the ship.

Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, … INCOTERMS 2010: ICC OFFICIAL RULES FOR THE INTERPRETATION OF TRADE TERMS CFR - Cost and Freight E-commerce app for selling shipping rates and customer service This app allow users to compare and book air, ocean and trucking quotes from your company and partners of your network.

Contract of carriage: FOB, CIF/CFR, FOT and FCA The coffee Remember that inland and marine transports are covered by different international conventions and even though a shipping line may arrange for the inland transport it will not necessarily Seller and buyer may not always be clear on the difference between the two terms. Apart from CFR, there are three other terms that are being used in international shipping and inland water transport of goods. Free alongside ship – means the responsibility of the seller ends when he/she delivers the goods to the port alongside the vessel that is supposed to transport it.

"FOB origin" (also sometimes phrased as "FOB shipping" or "FOB shipping point") indicates that the sale is considered complete at the seller's shipping dock, and thus the buyer of the goods is responsible for freight costs and liability during transport. 28.07.2015В В· Cost and freight (CFR) and cost, insurance, and freight (CIF) are terms used in international trade for the shipping of goods by sea. CFR requires the seller to arrange for the transport of goods

Shipping Terms Explained . If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods. When it comes to preparing price quotations, language, specifically Incoterms, is one of the most important shipping tools of international trade.Importers and exporters must agree in advance on their respective roles and the terms, conditions, and definitions of the sale.

24.09.2018В В· Are you unsure about the trade terms of Alibaba or Chinese suppliers? Don't know what the 3 letters that came with your quote mean? Cosmo has defined the 2010 Incoterms abbreviations, such as FOB, CFR, and DAP for international trade. Incoterms, often called trade terms or shipping terms, Shipping Terms Details Written by Administrator Published on 08 March 2009 Category: Shipping Info FREE IN, OUT, STOWED. If a freight rate is quoted on FIOS basis, it means that the shippers are responsible for and bear the cost of the loading, discharging and stowing charges.

It is important to have an understanding of cost and freight (CFR), cost, insurance and freight (CIF) and Free on board (FOB). Read our shipping terms guide to understand the importance of these terms and the relevance around the ICC. F terms (FCA, FOB, FAS): The seller delivers the goods to a carrier appointed by the buyer. The seller will arrange and pay for delivery of goods to the carrier, but the buyer pays for everything after that. C terms (CFR, CIF, CPT, CIP): The seller has to contract for carriage, but does not assume the risk of loss or damage after the shipment.

free in liner out (FILO): A freight rate that includes carriage and the cost of offloading as per the custom of the port. Free in liner out rate excludes the cost of loading and (where required) the cost of … free in liner out (FILO): A freight rate that includes carriage and the cost of offloading as per the custom of the port. Free in liner out rate excludes the cost of loading and (where required) the cost of …

Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, … Shipping Terms Glossary. Air Brake The air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. Accessorial charges (also called assessorials) Any additional services required outside of the standard shipping procedure require additional fees from the carrier called accessorials.

cfr means in shipping terms

Person employed by a ship owner, shipping company, charterer of a ship or shipper of goods to supervise cargo handling operations. Often called a port captain. SWAD It is important to have an understanding of cost and freight (CFR), cost, insurance and freight (CIF) and Free on board (FOB). Read our shipping terms guide to understand the importance of these terms and the relevance around the ICC.

Incoterms Definitions Part 2 CFR CIF CPT CIP

cfr means in shipping terms

What Does Free or Freight On Board (FOB) Mean?. The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. We hope you will find it useful. Disclaimer This information is disseminated under the sponsorship of the U. S. Department of Transportation in the interest of information exchange. The U.S. Government assumes no, If the terms of sale show "FOB origin," then this means that the buyer will take the title of the goods when they are shipped, and they will incur all the transportation costs ….

Incoterms 3 things you should know for international shipping

CFR INCOTERMS 2010 ICC OFFICIAL RULES FOR THE. 13.06.2016 · That means we’re covering CFR, CIF, CPT, and CIP. Terms from this group have one thing in common, they are all terms used when the seller can arrange to pay all the fees up to delivery at a, CFR-Cost and Freight "Cost and Freight" means that the seller must pay the costs and freight necessary to bring the goods to the named port of destination but the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time the goods have been delivered on board the vessel is transferred from.

21.03.2018 · What is CY-CY Term in Container Shipping..?? This 300th blog post (in case you didn’t notice the big image on the left) is in response to a Question from a reader (Abhishek).. In some cases in the body of a bill of lading you might have seen a notation CY/CY or in the Port of Loading or Port of In Shipping, What Does the Term "CNF" Mean? Credit: Neil Kremer/Moment/Getty Images. The acronym "CNF" stands for "Cost and Freight." The term refers to a common type of shipping agreement where the seller pays for delivering the item to the port closest to the buyer. Cnf Shipping Terms Shipping Service

Glossary Of International Shipping Terms A8A Manifest A form issued by a licensed Custom’s Broker which allows CCRA to monitor in bond shipments as they move through Canada. AMS Automated Manifest System. An application that expedites the clearance of … When it comes to preparing price quotations, language, specifically Incoterms, is one of the most important shipping tools of international trade.Importers and exporters must agree in advance on their respective roles and the terms, conditions, and definitions of the sale.

Document signed by the shipper which binds shipper to credit terms of the conference or agreement body. Cross Docking - The process of moving merchandise directly from the receiving dock to the shipping dock, eliminating the need to place the merchandise in storage. Cubic Foot - 1 … Terms from […] Incoterms Group C! Read about some of the common incoterms beginning with the letter C like CFR, CIF, CPT and more. Contact us for commercial freight requests. Incoterms Definitions Part 2: CFR, CIF, CPT, CIP. This acronym means that the seller covers all the costs of bringing goods from their origin to the port of

21.03.2018 · What is CY-CY Term in Container Shipping..?? This 300th blog post (in case you didn’t notice the big image on the left) is in response to a Question from a reader (Abhishek).. In some cases in the body of a bill of lading you might have seen a notation CY/CY or in the Port of Loading or Port of Shipping Terms Glossary. Air Brake The air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. Accessorial charges (also called assessorials) Any additional services required outside of the standard shipping procedure require additional fees from the carrier called accessorials.

Bhatia Jagdish : On 10 August 2016 I am very eager to know difference between CFR and CPT, but even after reading from your above site, I am not clear, in both it seems same meaning. I would like to know key difference. Sir, I would be highly thankful to you if you touch to the key point difference and explain me how one differ from other. 25.05.2017 · 1)What does FOB mean in a shipping term? & What is mean by FOB price? 2)What is the difference between CIF and CNF in shipping terms? 3)What is the difference between FCL and LCL? In …

Contract of carriage: FOB, CIF/CFR, FOT and FCA The coffee Remember that inland and marine transports are covered by different international conventions and even though a shipping line may arrange for the inland transport it will not necessarily Seller and buyer may not always be clear on the difference between the two terms. Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, …

Apart from CFR, there are three other terms that are being used in international shipping and inland water transport of goods. Free alongside ship – means the responsibility of the seller ends when he/she delivers the goods to the port alongside the vessel that is supposed to transport it. Document signed by the shipper which binds shipper to credit terms of the conference or agreement body. Cross Docking - The process of moving merchandise directly from the receiving dock to the shipping dock, eliminating the need to place the merchandise in storage. Cubic Foot - 1 …

24.09.2018В В· Are you unsure about the trade terms of Alibaba or Chinese suppliers? Don't know what the 3 letters that came with your quote mean? Cosmo has defined the 2010 Incoterms abbreviations, such as FOB, CFR, and DAP for international trade. Incoterms, often called trade terms or shipping terms, F terms (FCA, FOB, FAS): The seller delivers the goods to a carrier appointed by the buyer. The seller will arrange and pay for delivery of goods to the carrier, but the buyer pays for everything after that. C terms (CFR, CIF, CPT, CIP): The seller has to contract for carriage, but does not assume the risk of loss or damage after the shipment.

CIF – Cost, Insurance and Freight paid to (Port of Destination) Characteristics. In CIF terms, the seller clears the goods at origin places the cargo on board and … The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law.They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers.

When booking your transport online on Transporteca, selecting the CFR shipping option means that the transport price you see online includes all costs from your address at origin to the port, airport or terminal at destination.Besides the entire transport, it also includes the export customs clearance in your country. For more information on the international trading terms, find our post on Shipping Terms Glossary. Air Brake The air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. Accessorial charges (also called assessorials) Any additional services required outside of the standard shipping procedure require additional fees from the carrier called accessorials.

Free On Board (FOB) Shipping Meaning Incoterms & Pricing

cfr means in shipping terms

Free On Board (FOB) Shipping Terms fob meaning - What is. CIF – Cost, Insurance and Freight paid to (Port of Destination) Characteristics. In CIF terms, the seller clears the goods at origin places the cargo on board and …, Apart from CFR, there are three other terms that are being used in international shipping and inland water transport of goods. Free alongside ship – means the responsibility of the seller ends when he/she delivers the goods to the port alongside the vessel that is supposed to transport it..

CFR INCOTERMS 2010 ICC OFFICIAL RULES FOR THE

cfr means in shipping terms

CFR Shipping The Complete GuideUpdated. Shipping Terms Glossary. Air Brake The air brake system on tractors is operated by air and consists of air lines, valves, tanks, and an air compressor. Accessorial charges (also called assessorials) Any additional services required outside of the standard shipping procedure require additional fees from the carrier called accessorials. The major difference between CFR and DAP is that the shipping term DAP is used in all modes of transport, where as CFR terms of shipping is used only for sea and inland water transport. What is DAP? What are the responsibilities of buyer and seller under DAP terms? How does CFR term work? What are the obligations of buyer and seller under CFR.

cfr means in shipping terms


CFR-Cost and Freight "Cost and Freight" means that the seller must pay the costs and freight necessary to bring the goods to the named port of destination but the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time the goods have been delivered on board the vessel is transferred from CF means cargo and freight in shipping terms. The person who is selling goods pay for the cost of the goods and freight charges. CF has been replaced with CFR.

Cost and Freight CFR (CFR) is a type of 2010 IncotermВ® which describes how the Seller has the responsibility of the goods up until the destination port, and includes transport and customs. Don't make mistakes with our foolproof guide, checklist and case studies. Read our 2020 Ultimate Guide on Shipping and IncotermsВ®. 28.07.2015В В· Cost and freight (CFR) and cost, insurance, and freight (CIF) are terms used in international trade for the shipping of goods by sea. CFR requires the seller to arrange for the transport of goods

In this article, we will provide a detailed overview of the DDP incoterm: Delivery Duty Paid (DDP) Meaning: Delivery & Shipment Terms. DDP is one of the Incoterms rules developed by the International Chamber of Commerce and is quite widely used within international trade. DDP stands for “Delivered Duty Paid” which means that the seller delivers the goods when the goods are placed at the Part of the Comprehensive Incoterms Guide. CFR In Plain English. CFR (Cost And Freight) is a tricky incoterm. Read the details carefully. Not recommended. Where Is The Named Place For Handing Over Responsibility From The Seller To The Buyer?

25.05.2017 · 1)What does FOB mean in a shipping term? & What is mean by FOB price? 2)What is the difference between CIF and CNF in shipping terms? 3)What is the difference between FCL and LCL? In … CIF-Cost, Insurance and Freight "Cost, Insurance and Freight" means that the seller has the same obligations as under CFR but with the addition that he has to procure marine insurance against the buyer's risk of loss of or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium.

13.06.2016 · That means we’re covering CFR, CIF, CPT, and CIP. Terms from this group have one thing in common, they are all terms used when the seller can arrange to pay all the fees up to delivery at a Part of the Comprehensive Incoterms Guide. CFR In Plain English. CFR (Cost And Freight) is a tricky incoterm. Read the details carefully. Not recommended. Where Is The Named Place For Handing Over Responsibility From The Seller To The Buyer?

Shipping Terms Explained . If you are new to shipping terms contracts you may be unaware of the different trading practices in their respective countries. A small misunderstanding with the shipping terms could lead to disputes over who was meant to pay for the overseas freight, insurance or other costs involved in the shipment of goods. F terms (FCA, FOB, FAS): The seller delivers the goods to a carrier appointed by the buyer. The seller will arrange and pay for delivery of goods to the carrier, but the buyer pays for everything after that. C terms (CFR, CIF, CPT, CIP): The seller has to contract for carriage, but does not assume the risk of loss or damage after the shipment.

Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, … In this article, we will provide a detailed overview of the DDP incoterm: Delivery Duty Paid (DDP) Meaning: Delivery & Shipment Terms. DDP is one of the Incoterms rules developed by the International Chamber of Commerce and is quite widely used within international trade. DDP stands for “Delivered Duty Paid” which means that the seller delivers the goods when the goods are placed at the

The difference between FOB and CIF shipping is the point at which responsibility for the shipment is passed between the seller and the buyer. When shipping on FOB (Free On Board) shipping terms, the supplier pays all the costs in the country of origin and the buyer takes responsibility once the goods are on board the ship. In this article, we will provide a detailed overview of the DDP incoterm: Delivery Duty Paid (DDP) Meaning: Delivery & Shipment Terms. DDP is one of the Incoterms rules developed by the International Chamber of Commerce and is quite widely used within international trade. DDP stands for “Delivered Duty Paid” which means that the seller delivers the goods when the goods are placed at the

"FOB origin" (also sometimes phrased as "FOB shipping" or "FOB shipping point") indicates that the sale is considered complete at the seller's shipping dock, and thus the buyer of the goods is responsible for freight costs and liability during transport. CIF-Cost, Insurance and Freight "Cost, Insurance and Freight" means that the seller has the same obligations as under CFR but with the addition that he has to procure marine insurance against the buyer's risk of loss of or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium.

The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law.They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers. When booking your transport online on Transporteca, selecting the CFR shipping option means that the transport price you see online includes all costs from your address at origin to the port, airport or terminal at destination.Besides the entire transport, it also includes the export customs clearance in your country. For more information on the international trading terms, find our post on

Shipping Terms Details Written by Administrator Published on 08 March 2009 Category: Shipping Info FREE IN, OUT, STOWED. If a freight rate is quoted on FIOS basis, it means that the shippers are responsible for and bear the cost of the loading, discharging and stowing charges. In Shipping, What Does the Term "CNF" Mean? Credit: Neil Kremer/Moment/Getty Images. The acronym "CNF" stands for "Cost and Freight." The term refers to a common type of shipping agreement where the seller pays for delivering the item to the port closest to the buyer. Cnf Shipping Terms Shipping Service