Cost and Freight (CFR)

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1. Under CFR, the seller does not have to procure marine insurance against the risk of loss or damage to the goods during transit. (Google)

2. C & F - (Cost and Freight.) Seller owns goods until they are loaded on vessel; selling price includes all costs so far plus cost of ocean freight. (Google)

3. Cost and Freight (CFR) The seller (exporter) is responsible for clearing the goods for export, delivering the goods past the ships rail at the port of shipment and paying international freight charges. (Google)

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