CIF Incoterms

What does CIF mean in international trade? CIF stands for Cost Insurance and Freight. It is included in Incoterms┬« 2020 and one of the most important terms to ever be…

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Cargo Insurance in Transportation

Cargo Insurance In case a consignment is either lost or damaged, cargo insurance helps reimburse the concerned vendor or the customer. When is cargo insurance necessary? Moving cargo is risky.…

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Shipping EXW Incoterms 2020

EXW Incoterms 2020 : A Few Quick Points Ex Works (EXW) Incoterms can be used for all modes of transport and even when there are multiple modes of transport involved…

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Shipping DAP Incoterms 2020

DAP Incoterms 2020 : A Few Quick Points Delivered At Place (DAP) Incoterms can be used for all modes of transport and even when there are multiple modes of transport…

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Shipping CIF Incoterms 2020

CIF Incoterms 2020 : A Few Quick Points Cost Insurance and Freight (CIF) Incoterms can be used for sea transport, including inland waterway Risk transfers from seller to buyer when…

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Shipping FCA Incoterms 2020

FCA Incoterms 2020 : A Few Quick Points Free Carrier (FCA) Incoterms can be used for all modes of transport. Risk transfers from seller to buyer when the carrier collects…

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Shipping DDP Incoterms 2020

DDP Incoterms 2020 : A Few Quick Points Delivered Duty Paid (DDP) Incoterms works on any type of transport (air, land, rail, sea, etc.) DDP can also be used for…

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Shipping CIP Incoterms 2020

CIP Incoterms 2020 : A Few Quick Points Carriage and Insurance Paid To (CIP) Incoterms can be used for all modes of transport and even when there are multiple modes…

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