The information provided here is part of Import Export Training online
How to differentiate CFR with DAP?
What are the difference between DAP and CFR?
As per Inco terms of shipping, DAP means Delivered at Place (named destination mentioned). CFR means, Cost and Freight (up to the destination mentioned).
The detailed articles on CFR and DAP with simple language have been mentioned in this web blog separately. I suggest you to read these articles on CFR and DAP, so as to enable you to have a clear idea on these shipping terms.
The major difference between CFR and DAP is that the shipping term DAP is used in all modes of transport, where as CFR terms of shipping is used only for sea and inland water transport.
What is DAP? What are the responsibilities of buyer and seller under DAP 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 DAP and CFR separately below.
The above articles easily explain about CFR and DAP.
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 DAP and CFR explained easily. Do you have different thought on difference between CFR and DAP?
The above information is a part of Export Import Training online
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