أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
they are the same except in cif the buyer will make insurrance for the goods
CFR (Cost and Freight)This term formerly known as CNF (C&F) defines two distinct and separate responsibilities-one is dealing with the actual cost of merchandise "C" and the other "F" refers to the freight charges to a predetermined destination point. It is the shipper/seller's responsibility to get goods from their door to the port of destination. "Delivery" is accomplished at this time. It is the buyer's responsibility to cover insurance from the port of origin or port of shipment to buyer's door. Given that the shipper is responsible for transportation, the shipper also chooses the forwarder.
CIF (Cost, Insurance and Freight)This arrangement similar to CFR, but instead of the buyer insuring the goods for the maritime phase of the voyage, the shipper/seller will insure the merchandise. In this arrangement, the seller usually chooses the forwarder. "Delivery" as above, is accomplished at the port of destination.
The difference between them is insurance.
CIF - COst insurance & freight C&F - COst and freight
according to Incoterms2010:
(CFR:( Cost & freight
obligation of the Exporter ( saller ) cost of freight to named port of destination.
CIF: cost, insurance and faright
obligation of the Exporter ( saller ) cost of freight and must insure the good as far as to named port of destination
the difference is the insurance
