Cif sales terms as a mean to derive additional competitive advantage – perspective from a trader focusing on commodity requiring mr tanker tonnage

• Main Author: Liu, Ziqi
• Other Authors: Soh Woei Liang
• Format: Final Year Project
• Language: English
• Published: 2018
• Subjects: DRNTU::Business::International business::International trade
• Online Access: http://hdl.handle.net/10356/75160
• Institution: Nanyang Technological University

A trader who sells on CIF sales terms is obligated to arrange the transportation and cover for insurance. This means that traders are exposed to the fluctuation of the freight rate which could be an opportunity to generate additional profit or a threat to make a loss. Therefore, to determine whether...