CIF, FOB, and C&F for Micronesia Buyers: Know the Real Import Cost Before You Pay The simplest answer is this: FOB is the vehicle price before ocean freight, C&F includes ocean freight, and CIF adds marine insurance. However, Micronesia buyers should look deeper. In this article, Micronesia means the Federated States of Micronesia, also called FSM. FSM has four states: Pohnpei, Chuuk, Yap, and Kosrae. Because of this, a quote to “Micronesia” should never stay vague. You should confirm whether the vehicle will ship to Pohnpei, Chuuk, Yap, Kosrae, or another approved route. That is very important. Freight cost, arrival ...