Trade & logistics

CFR (Cost and Freight)

What is CFR?

Like CIF but without insurance: the seller pays ocean freight to the destination port, and the buyer carries both the risk and the duty to insure from the moment of loading. Quoted when the buyer has its own open marine policy.

At a glance

Category
Trade & logistics
Also known as
Cost and Freight · 운임포함인도조건
Korean term
운임포함인도조건
Last reviewed
July 23, 2026

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