What is cfr bt kandla?

Answer 1

CFR (Cost and Freight) is a shipping term that indicates the seller's responsibility to cover the costs of transporting goods to a specified port, including freight charges. In the context of Kandla, a major port in India, CFR would mean that the seller is responsible for the costs and transportation of goods to Kandla. The buyer, however, assumes the risk once the goods are on board the vessel. This shipping term is commonly used in international trade transactions.