CFR

Cost and Freight

The seller delivers on board at the port of shipment and pays the freight to the named port of destination.

Offered as standardSea & inland waterwayIncoterms® 2020

How World Steel delivers CFR

We book ocean freight with our forwarding partners to your port – flat rack, open-top, break-bulk or standard containers – and send shipping documents for your bank or your forwarder.

Delivery: On board the vessel at the port of shipment.
Risk passes: When the goods are on board at the port of shipment – the buyer bears the risk during the sea voyage.
Costs: The seller pays freight to the named destination port; destination charges are the buyer's unless included in the freight contract.
Best for: Buyers who want a delivered-port price but arrange their own insurance.
Watch out: Risk passes at the port of shipment even though the seller pays freight – insure the voyage.

Always state the rule, a precise named place and the version, e.g. “CFR your port / site, Incoterms® 2020”.

← FOB · Free On Board All 11 Incoterms® 2020 rules CIF · Cost, Insurance and Freight →

EXWEx Works FCAFree Carrier FASFree Alongside Ship FOBFree On Board CFRCost and Freight CIFCost, Insurance and Freight CPTCarriage Paid To CIPCarriage and Insurance Paid To DAPDelivered at Place DPUDelivered at Place Unloaded DDPDelivered Duty Paid

Incoterms® is a registered trademark of the International Chamber of Commerce (ICC). This page summarises the Incoterms® 2020 rules for orientation only – the ICC text and the sales contract govern. Always state the rule, the named place and “Incoterms® 2020”.

Quote your project CFR

Tell us the destination and the Incoterm you prefer – we quote ex-works, FOB, CIF or delivered to your site.

Request a quotation