Difference between DDP and CFR in shipping terms
Thursday, October 27, 2016     Category : Inco Terms

 

The information provided here is part of Online Export Import course 


How to differentiate CFR with DDP?

 

Difference between DDP and CFR in shipping termsWhat are the difference between DDP and CFR?

 

As per Inco terms of shipping, DDP means Delivered Duty Paid (named destination mentioned). CFR means, Cost and Freight (up to the destination mentioned).

 

The detailed articles on CFR and DDP with simple language have been mentioned in this web blog separately. I suggest you to read these articles on CFR and DDP, so as to enable you to have a clear idea on these shipping terms.

 

The major difference between CFR and DDP is that the shipping term DDP is used in all modes of transport, where as CFR terms of shipping is used only for sea and inland water transport.

 

What is DDP? What are the responsibilities of buyer and seller under DDP terms? How does CFR term work? What are the obligations of buyer and seller under CFR terms.

 

For your immediate reference, I give below web links on DDP and CFR separately below.

 

 

Inco terms DDP, easily explained

What is CFR term in Shipping?

 

 

The above articles easily explain about CFR and DDP.

 

Detailed articles about Inco Terms of Delivery under export and import of International business  have been mentioned in  separate category – INCO TERMS – in this web site.  You can click here to read.

I hope, you have satisfied with the difference between DDP and CFR explained easily. Do you have different thought on difference between CFR and DDP?

 

The above information is a part of Export Import Online Tutorial


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