While CIF and CIP are very similar Incoterms, they do have their fair share of differences in terms of mode of transport, suitability for containerized cargo, transport obligations, transfer of risk, and insurance requirements.

1 day ago · CIF (Cost, Insurance, and Freight): The seller covers costs to the destination port along with basic insurance. The buyer handles import duties, unloading at the port, and final delivery costs. CIF vs. CIP Incoterms: The Bottom Line. Both CIP and CIF require the seller to secure cargo insurance, handle export duties, and cover the main shipping ...

CIP指卖方承担的费用为：运费、保险费付至事实上的目的地。 适用于各种运输方式，包括 多式联运，保险也就相应地可以是各种运输险。 CIF是*常用的贸易术语之一，也就是：Cost Insurance and Freight（…nam ed port of destina－tion），成本、保险费加运费（到指定目的港）。 CIF在理论上来说，适合的是水上运输方式，并采用的是象征**货方式，即卖方按照合同规定，在装运港港口将货物装船并提交全套合格单据，就完成了交货义务。 在CIF条件下，为了避免一些费用 …

CIP and CIF are two important Incoterms® in international trade. Learn the key differences, risk transfer points, and which one suits your shipping needs best.

The key distinction between CIF and CIP is that although in a CIP term the seller arranges the carriage of goods to a named destination, plus insurance, the seller’s risk of transportation is transferred to the carrier once the first carrier has picked up the cargo.

Jan 22, 2022 · CIP stands for ‘Carriage and Insurance Paid’. It is a shipping term where a seller is responsible for the insurance and transportation costs of transferring goods from their premises to a location agreed upon with the buyer. On the other hand, CIF …

Nov 23, 2024 · Cost, Insurance, and Freight (CIF) is an Incoterm used primarily in ocean freight. Under CIF, the seller is responsible for covering the cost of transporting goods to a designated port and providing minimum insurance coverage.

CIF (Cost, Insurance, and Freight) and CIP (Carriage and Insurance Paid to) are both international trade terms used in shipping and logistics. The main difference between the two is that CIF includes the cost of insurance and freight up to the port of destination, while CIP includes the cost of carriage and insurance up to the named place of ...

CIF: CIF is a reasonable choice if the transaction mainly involves maritime shipping and the buyer prefers the seller to handle basic insurance and freight costs. CIP: CIP is more suitable if the goods require multimodal transportation (e.g., sea + land transport) and the buyer wants broader insurance coverage. Conclusion