John Pipe International est 1961
What are the 4 Sea Incoterms and What Do They Mean?
In the realm of international trade, the 11 Incoterms play a vital role in defining the responsibilities of buyers and sellers. Among these, four specific Incoterms – FAS, FOB, CFR, and CIF – are exclusively used in sea freight, providing clarity and consistency in maritime transactions. This guide focuses on these Sea Incoterms, offering insights into their meanings and applications within the broader context of the 11 Incoterms essential for global trade.