The Incoterm CIF – Cost Insurance & Freight in details
The CIF Incoterm is dedicated to maritime transport. It is one of the most used Incoterms in the world. What is the “Cost Insurance & Freight” Incoterm? Incoterms represent the obligations and responsibilities of the buyer and seller in an international transaction. Incoterms are divided into two main categories: multimodal Incoterms and maritime Incoterms. The […]