Tagged: cpt incoterms

Carriage Paid To (CPT Incoterms) means that the seller delivers the goods at agreed place in origin country. The seller is obliged to contract for the carriage of the goods to named destination and pay its costs. it is used in all mode of transports. Costs and Risks of the shipment transfer at different places under this term. 1. Who is responsible for arranging the shipment from named place of delivery to named destination? – The seller is responsible to contract for the carriage, unless otherwise agreed, “on usual terms” and “by the usual route”. The seller is obliged to...