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Phani Krishna
- Posts: 12
- Joined: Wed Feb 10, 2010 4:10 pm
- First Name: Phani Krishna
- Last Name: Pulluru
- Organization: IFTS
- Filter: Two Plus Two =: 4
Post
by Phani Krishna » Mon Jun 07, 2010 11:47 am
Hi Guys,
Can any one clarify me the more difference's in Carriage and Insurance Paidto (CIP) and Cost, Insurance and Freight (CIF)???
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picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
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by picant » Mon Jun 07, 2010 5:06 pm
Hi Pal,
Only a highlight:
CIF, used for sea transport, so CIF Port of discharge
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CIP for multimodal transport, so CIP Place of destination.
For more information see INCOTERMS 2000 Booklet.
Other comments appreciated
Ciao
