Sugar No. 14

Sugar No. 14 differs primarily from Sugar No. 11 in the shipping terms for the contract. Sugar No. 14 Calls for delivery of cane sugar in bulk at determined Atlantic and Gulf ports with Cost, Insurance and Freight (CIF) duty paid. The seller must pay the costs and freight to bring the goods to the port of destination, including insurance for the buyer. Maritime transport only. However, risk is transferred to the buyer once the goods have crossed the ship’s rail.