named port of destination

CFR - Cost and Freight (named port of destination)

Cost and freight - named port of destination - the seller delivers the goods when they pass the ship's rail at the port of shipment.

Cost, insurance and freight - the seller pays the costs, insurance and freight necessary to bring the goods to the named port of destination.

Where goods are delivered ex ship, the passing of risk does not occur until the ship has arrived at the named port of destination and the goods made available for unloading to the buyer.