Glossary

CIF

Shipping agreement where the seller manages ocean freight costs and basic insurance coverage.

CIF dictates that the seller arranges and pays for ocean freight transportation to the destination port while providing basic insurance protection during the voyage.

Managing complex international ocean freight routes can overwhelm internal teams leaving them exposed to unexpected marine cargo claims and volatile shipping spot rates.

The Base utilizes our established global shipping partnerships to manage international transport delivering fully insured cargo right to your regional gateway port.

Read more: Retail Solutions

Related terms: EXW, HS Code, Certificate of Analysis