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German to English translations [PRO] Bus/Financial - Transport / Transportation / Shipping / shipping | | German term or phrase: nach CFR | context: shipping terms in a quote
"CFR Transport
Transport ab Werk xxx über Bremerhafen nach CFR Port Charleston/USA, inkl. seemässige Verpackung, Verpackungsversicherung, Umschlag, Abfertigung und Kaigebühren, Seefracht inkl. BAF
It's only mid-afternoon, but I'm already brain dead! I know CFR is a standard term, and I'm assuming nach in this phrase means to as in from the manufacturing plant in Germany via Bremerhafen to Charleston, but the placement of CFR in front of Charleston is confusing me.
Can anyone help me with the proper order of this phrase in English?
TIA, Beth |
| | | Cost and freight | Explanation: I hope this helps with your question.
Cost and Freight...
(named port of destination)
CFR (C&F)
"Cost and Freight" means that the seller must pay the costs and freight necessary to bring the goods to the named port of destination but the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time the goods have been delivered on board the vessel is transferred from the seller to the buyer when the goods pass the ship's rail in the port of shipment.
The CFR term requires the seller to clear the goods for export.
This term can only be used for sea and inland waterway transport. When the ship's rail serves no practical purpose, such as in the case of roll-on/roll-off or container traffic, the CPT term is more appropriate to use.
http://www.ship.ru/eng/incoterms/cfr_e.php3?type=normal
Kosten und Fracht (CFR)
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| Selected response from: Kim Metzger Mexico Local time: 03:50
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