Trading Terms
FOB and CIF are the two most popular price terms.
- FOB – FREE ON BOARD (named port of shipment):
FOB XIAMEN PORT .
Customer supply their logistics contact information before shipment.
Ovitte will be load the goods on board the ship nominated by the buyer, cost and risk being divided at ship’s rail. We will be clear the goods for export.
- CIF – COST INSURANCE AND FREIGHT (named port of destination):
Ovitte supply different shipping & delivery price from different logistics company for customer to compare before place an order.
Ovitte pay the costs and freight includes insurance to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the ship.