* Do you want to transfer goods safely at sea, avoiding congestion?
* Do you want to know the concept of CFR terms and regulations related to CFR delivery?
* You need to know exactly which unit currently accepts import and export of goods at the best price and most effectively?
Your questions above will be explained enthusiastically and in detail by Proship with extensive knowledge and experience gathered through many previous orders and packages. Proship.vn helps you clarify the definition of CFR , what is CFR in import and export along with many other related regulations and terms, in addition to detailed information about the Goods Import and Export Service package. Good quality, good price, we are currently providing for individuals, businesses, and business units to conveniently refer to.
SEE MORE: Cheap North-South Container shipping reputable Refrigerated Container transportation
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
What are CFR terms?
What CFR conditions are in import and export can be understood as follows:
Cost and Freight, abbreviated as CFR, means the seller delivers the goods at the time the goods pass the ship's rail at the specified port of loading. The seller must bear all costs & freight necessary to transport the goods to the prescribed destination port but risks of loss and damage to the goods as well as any additional costs arising from the following situations. The time of delivery is borne by the buyer.
Under CFR terms, the seller must bear all costs related to export licenses, taxes and customs clearance. CFR conditions apply only to sea or inland waterway transport. If the parties do not want or cannot deliver the goods over the ship's rail, CPT terms should be used instead of CFR.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
Find out the specific regulations in the CFR Incoterms 2020 delivery conditions
What CFR conditions are has been thoroughly explained above. Below are additional detailed regulations on CFR:
Costs must be borne by the parties
Seller bears:
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- Costs related to bringing goods to the port and loading goods between means of transport
- Costs related to goods export procedures
- Cost of renting a vehicle to transport goods to the destination port
- Transportation costs through transit countries according to the transportation contract
- Cost of controlling the quality, weight, and quantity of goods before loading them onto the ship
- Cost of transferring transport documents to destination port.
Buyer bears:
- Cost of handling goods at the destination port and transporting them to the warehouse
- Costs related to procedures for importing goods
- Local charges at the destination port minus the costs that the seller has paid to the carrier
- Costs arising from customs procedures, if any, in transit countries
- Expenses arise due to the buyer not promptly or not accurately informing the seller of the time and place of receipt of the goods
- Costs related to inspection of goods before export unless these procedures are from the competent authority of the exporting country.
CFR in Incoterms 2020 clearly stipulates the obligations and costs to be borne by the seller and the buyer.
Seller's obligations:
- Rent a ship to transport goods
- Control the quality, quantity, and weight of goods before delivering them to the ship
- Safe delivery on the means of transport
- Send the original transport documents as well as electronic copies to the buyer's destination port
- Pack properly to ensure goods safety during transportation
- Bear all costs and risks to provide information to buyers to purchase cargo insurance.
Buyer's obligations:
- Bear all risks with the goods once the ship has arrived at the destination port
- Receive goods at the time and place specified by both parties
- Carry out customs procedures to import goods
- Inform the seller exactly about the destination port's pick-up location and pick-up time.
Cargo insurance under CFR Incoterms 2020 conditions
In CFR Incoterms 2020, neither party is obligated to purchase cargo insurance, but if the buyer requests it, the seller must bear the risk and expense of providing the information the buyer needs to purchase cargo insurance. chemistry.
About the delivery of goods
With CFR Incoterms 2020, the transfer of risk of goods is considered complete when the seller puts the goods on board the designated transport vessel or purchases goods with similar conditions.
PROFESSIONAL - SAFE - TIME-SAVING goods import and export service of Proship
In the Vietnamese market in general and the Ho Chi Minh City area in particular, there are many companies and low-cost import-export service units specializing in supporting, consulting, and implementing necessary procedures to transport import and export goods. With its own strengths, Proship Company is ready to advise and support you in exporting/importing goods quickly, conveniently and at reasonable prices, customers will save a lot of time and money. Pay for international import or export of goods.
Professional Proship service
Proship wishes to be a companion to the sustainable development of your business. Our unit always has the goal of providing cheap and reputable import-export customs services with the fastest procedures on the market, helping you fulfill your goal of building a professional, international brand. Therefore, when choosing the full import-export service in Ho Chi Minh City, we commit to doing our best to bring perfect value to help you achieve your best goals.
Therefore, when you are looking for an Import-Export Entrusted Service, please contact Proship.vn immediately to have the customer care staff answer all your questions. We are committed to always working hard to bring maximum benefits as well as professional import-export services at the cheapest prices for your business.
Proship.vn offers customers cheap, safe import-export shipping service packages with the best quality.
See more: What is fas condition?
Professional Proship staff
Cheap import-export services at Proship Company have a system of highly trained staff and many years of working experience in each different department. Here, we have a staff to support you in signing contracts, a staff to negotiate with businesses as well as international customs, and a team of commercial lawyers to support the declaration process. Declare information about customs procedures in accordance with law, tax and trade. And there are many other contract implementation departments that can support you in the most professional way to ensure the shipment will arrive as quickly and safely as possible.
Save maximum time for customers
Proship with a team of staff with extensive knowledge and experience in the field of import and export of goods will have a method to quickly implement the contract implementation process, each employee has a role, task and working spirit. have high responsibility so that the working process goes as quickly and smoothly as possible.
For processes and steps such as declaring customs procedures, Proship always knows what to prepare and what information to have your goods approved by the Customs authorities and to quickly receive goods, thereby saving money. Maximum time savings.
Proship has given the most detailed explanations for customers to understand more about the concept of CFR, what CFR conditions are, what CFR is in import and export , hoping that customers who are in need of Find out and consult carefully to know exactly what you need to do, what you should do throughout the process from receipt to delivery. For any questions related to CFR in Incoterms 2020, please contact Proship.vn directly via hotline 0909 344 247 for further support.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
