News

Prime Minister Johnson keeps turning up the pressure in the negotiations for a trade deal between the United Kingdom and the European Union. Around this time the negotiations should be heading into their final stages. Ideally, an agreement should be in place before the end of this month, to give both sides the time to get it ratified. All 27 European Union's member states need to ratify the deal. 

Since January the Incoterms 2020 are in effect. Every ten years these Incoterms are updated. You can read more about the most important changes compared to Incoterms 2010 in one of our earlier blogs in the Incoterms series. The Incoterm in this blog is one of the Incoterms specifically for transport over water: Cost and Freight (CFR).