FOB
Add ocean freight, insurance and downstream costs outside the quote. Check the named shipment port and inclusions.
Practical tools
Bitumen landed cost calculator
Enter your supplier quotation and additional cargo costs. Compare known costs per net tonne and see which costs still need confirmation.
How the estimate works
Known subtotal = net MT × quoted USD/MT + confirmed additional cargo costs.
Divide by net MT for known cost per tonne. Drum weight is excluded from product quantity. Blank additional costs remain unknown; enter 0 only for a confirmed zero charge. The entered-cost total is available only when every additional cost is entered or included in the quotation. Check whether the quote and entries cover all delivery costs.
CFR
Ocean freight is treated as included. Add separately arranged insurance and other excluded charges. Check destination handling.
CIF
Ocean freight and quoted insurance are treated as included. Check cover, destination, import and local delivery charges.
Illustrative arithmetic only: 20 net MT × $400/MT FOB + $1,000 freight + $100 insurance + $200 other costs = $9,300 per cargo, or $465/net MT. These are not current prices or an offer. Drum tare, fill weight, container payload and carrier limits require separate checks.