Incoterms for RoRo simply explained: FOB, CIF, DAP at a glance
Incoterms are international trade clauses that determine who bears which costs and risks during a shipment. FOB (Free on Board), CIF (Cost, Insurance, Freight), CFR (Cost and Freight), DAP (Delivered at Place) and DDP (Delivered Duty Paid) are particularly relevant for RoRo shipments. The choice of the correct Incoterm determines the point at which the seller's responsibility [...]
