{"id":362,"date":"2023-11-05T09:34:22","date_gmt":"2023-11-05T06:04:22","guid":{"rendered":"https:\/\/ikadco.com\/en\/?p=362"},"modified":"2023-11-05T09:34:22","modified_gmt":"2023-11-05T06:04:22","slug":"incoterms-rules-for-sea-and-inland-waterway-transport","status":"publish","type":"post","link":"http:\/\/ikadco.com\/en\/incoterms-rules-for-sea-and-inland-waterway-transport\/","title":{"rendered":"Incoterms Rules for Sea and Inland Waterway Transport"},"content":{"rendered":"<p>The ICC has specific\u00a0Incoterms rules for inland waterway and sea transport,\u00a0such as Cost, Insurance, and Freight (CIF) and\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/f\/fob.asp\">Free on Board (FOB)<\/a>. The Incoterms for sea and inland waterway transport are:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.investopedia.com\/terms\/f\/fas.asp\">FAS:\u00a0Free Alongside Ship<\/a><\/li>\n<li>FOB:\u00a0Free on Board<\/li>\n<li>CFR:\u00a0Cost and Freight<\/li>\n<li>CIF:\u00a0Cost, Insurance, and Freight<\/li>\n<\/ul>\n<p>Free on Board (FOB) shipment\u00a0terms, for example, indicate the seller delivers the goods on board a designated vessel named by the buyer. The buyer or seller may assume all the risk\u00a0and transportation costs\u00a0depending on whether the goods are sold under the FOB shipping point or FOB destination point.<\/p>\n<p><a href=\"https:\/\/www.investopedia.com\/terms\/c\/cif.asp\">Cost, Insurance, and Freight (CIF)<\/a>\u00a0terms indicate\u00a0the seller must deliver the goods to a designated port and load them on a specified vessel, assuming responsibility for paying all transportation, insurance, and loading costs. After that, the buyer assumes the cost\u00a0and risk\u00a0associated with transporting the cargo from the designated port to its warehouse or business.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: right;\"><a href=\"https:\/\/www.investopedia.com\/terms\/f\/fob.asp\">Article Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ICC has specific\u00a0Incoterms rules for inland waterway and sea transport,\u00a0such as Cost, Insurance, and Freight (CIF) and\u00a0Free on Board (FOB). The Incoterms for sea and<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":2,"featured_media":363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[10,9,8,11],"class_list":["post-362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-import-and-export","tag-import-and-export-law","tag-import-and-export-law-in-iran","tag-law-in-iran"],"_links":{"self":[{"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/posts\/362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/comments?post=362"}],"version-history":[{"count":1,"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/posts\/362\/revisions"}],"predecessor-version":[{"id":364,"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/posts\/362\/revisions\/364"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/media\/363"}],"wp:attachment":[{"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/media?parent=362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/categories?post=362"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ikadco.com\/en\/wp-json\/wp\/v2\/tags?post=362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}