Freight forwarding knowledge every day | Interpretation of trade term CIF CIF: Cost Freight and Insurance, means that the seller must deliver the goods to the ship bound for the designated port of destination at the port of shipment within the date or period specified in the contract, bear all costs until the goods cross the ship's rail and the risk of loss or damage to the goods, be responsible for chartering ships and booking cargo space, pay the normal freight from the port of shipment to the port of destination, and be responsible for handling freight insurance and paying insurance premiums. #cif #freight forwarding knowledge #bulk ship #freight forwarding #sea transportation #engineering vehicle export #pump truck export #excavator export #crane export #reliable freight forwarder Donggreen (Changsha) International Freight Forwarding Co., Ltd. Show More