WebThe difference between CIF and CIP revolves around the amount of insurance the seller must obtain. CIF means cost, insurance, and freight, up to the port destination. CIP means carriage and insurance paid to the defined destination. For CIF, the seller needs to insure the cargo while aboard the ship. For CIP, they must insure the full ... WebFOB can only be used for ocean transportation, seller’s responsibility ends when goods are placed on board of vessel. All cost after loaded on board must be assumed by buyer. Export customs clearance and origin terminal handling charge must be assumed by seller. This term is traditionally created for bulk transportation, where some cargo can ...
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WebJun 1, 2024 · Effective June 1, Platts, part of S&P Global Commodity Insights, no longer reflects Russian-origin product in its open origin European diesel and gasoil cargo … WebEU sanctions on Russian refined products will reverberate across the Atlantic. The Russia-Ukraine war has dominated the attention of global commodity markets for nearly a year now. As the start date for the latest EU sanctions against Russian refined products approaches, questions about what these sanctions could mean for trade flows also grow. raymond l garthoff
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WebGas Turbine Generator. Generation capacity: 45 MW. Year commissioned: 2007. Accessibility: packed and ready for transport. Pricing details: 4.9 milion USD each - FOB Antwerpen/Hamburg. WebFeb 21, 2024 · In respect of general cargo, the Antwerp FOB 51 rules are not accepted for delivery by barge. b) At discharge port, no direct discharge to barge or railcar or truck will … WebUnder the Incoterms® 2024 rules FOB is inappropriate for container shipments because the cargo is given to the carrier at a place some distance from the port, such as a container yard or even the seller’s … simplified io