Incoterms

The Incoterms ® are a set of trade/trade rules used by the International Chamber of Commerce (ICC) in international sales contracts. The Incoterms are not binding rules. In order for…

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Shipping Marks

What is a shipping mark? Exporters must mark their cargo clearly before export. This helps to ensure that shipments reach their intended destination by allowing carriers and consignees to easily…

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CIF Incoterms

What does CIF mean in international trade? CIF stands for Cost Insurance and Freight. It is included in Incoterms® 2020 and one of the most important terms to ever be…

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