The trade term of a Sales Contract was CIF Shanghai, China Incoterms® 2010. The buyer covered FPA successfully before the goods shipped on board the vessel. During loading the goods on board the vessel at port of shipment, carton no. 2/101 and 78/101 was dropped into the sea. During unloading the cargo from the vessel at port of destination, carton no. 51/101 and 96/101 was dropped into the sea. which of the statement is correct.
A.
The insurance company would compensate the total losses of four cartons drop into the sea.
B.
The insurance company would compensate the losses of two cartons drop into the sea at port of lading.
C.
The insurance company would compensate the losses of two cartons drop into the sea at port of discharge.
D.
The insurance company would not compensate the total losses of four cartons drop into the sea.