what s the difference between cif and cfr 
cost and freight cfr and cost insurance and freight cif are similar they both relate to transporting goods by sea and divide the responsibilities of transit between the buyer and the seller where they differ is that cif requires marine insurance to be included at the expense of the seller with cfr the seller is not responsible for insuring the goods until they reach the destination port 8the bottom linecost and freight cfr an incoterms rule that s applicable only to cargo transported by sea or inland waterways puts a fair bit of responsibility on the shoulders of both the buyer and the seller under these agreements which are fairly common in international trade the seller is responsible for all the planning and costs associated with exporting goods by sea to the destination port specified by the recipient however as soon as the goods are loaded on the vessel the buyer is responsible for providing marine insurance on them and for transporting the goods via truck to their final destination import fees and so on 9