In respect of CFR or CIF deliveries. Risk in the Product shall pass from Seller to Buyer at time of passing the ship rail by the stuffed containers at the nominated place of delivery. Title to the Product shall only pass from Seller to Buyer following receipt by Seller of payment of the price for the Product in full.
In respect of CFR or CIF deliveries. Without any undue delay Seller shall provide the Buyer with written notice of: (a) the shipping marks and numbers (if applicable); (b) the name of the vessel upon which the Product was shipped (if applicable or known); (c) the estimated time of arrival of the Product at the destination port (if applicable or known); (d) the date and number of any bill(s) of lading, waybill(s), cargo receipt(s) or any document(s) similar to any of the foregoing (if applicable); (e) the port of loading; (f) the port of discharge (if applicable); (g) details of when and where the empty containers have to be returned and details of the amount of free time and the applicable container demurrage and/or detention rate(s) (where applicable and if known); (h) details of any applicable tariffs, charges, surcharges, customs duties and other charges assessed or levied on the Product or the containers including any terminal handling charges or storage charges at the destination port (if applicable); (i) in respect to CIF sales only, details of the insurance procured for the shipment.
