Freight CollectSea & Inland Waterway

CFR Cost and Freight

Seller pays the cost and freight to bring the goods to the destination port. Risk passes to buyer once goods are loaded on board at origin.

Risk Transfer

On board the vessel at port of shipment

Insurance

Not required

Suitable For

Sea & Inland Waterway

Shipment Flow

Seller
Origin
VesselRisk transfers
Destination
Buyer
Freight payerSeller
InsuranceNot required / Buyer
Import clearanceBuyer
7Seller responsibilities
4Buyer responsibilities
1Negotiable / Optional

Obligations & Charges

Responsibility matrix per ICC Incoterms® 2020 — official Seller / Buyer / Negotiable mapping for CFR.

Export Packaging

Seller

Loading Charges

Seller

Delivery to Port/Place

Seller

Export Duty, Taxes & Customs Clearance

Seller

Origin Terminal Charges

Seller

Loading on Carriage

Seller

Carriage Charges

Seller

Insurance

Negotiable

Destination Terminal Charges

Buyer

Delivery to Destination

Buyer

Unloading at Destination

Buyer

Import Duty, Taxes & Customs Clearance

Buyer