Using CFR Incoterms With Multimodal Transport Document
Posted: Wed Oct 15, 2008 9:17 pm
dear all,
here is the LC detail
port of shipment - any port of india
port of discharge - Chittagong, Bangladesh
place of final destination - dhaka, bangladesh (not a sea port)
the lc calls for a multimodal transport document but also says, total value xxxx, CFR dhaka"
so far i understand, CFR is used for sea transport. correct incoterm would have been CPT. now if the bill of lading shows "freight prepaid" upto chittagong and "freight collect upto dhaka" will it comply?
here is the LC detail
port of shipment - any port of india
port of discharge - Chittagong, Bangladesh
place of final destination - dhaka, bangladesh (not a sea port)
the lc calls for a multimodal transport document but also says, total value xxxx, CFR dhaka"
so far i understand, CFR is used for sea transport. correct incoterm would have been CPT. now if the bill of lading shows "freight prepaid" upto chittagong and "freight collect upto dhaka" will it comply?