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Keywords:
Carriage,
Incoterms,
Cif,
Freight,
Destination
Context is: trade term. An international commercial term (Incoterm), meaning "carriage paid to," that is used in international sales contracts to signify that a seller must clear for export and pay the freight and all associated costs to transport goods to a destination named by the buyer. While the seller is responsible for the risk of loss or damage that might be incurred in conveying the goods to a carrier, such risk is transferred to the buyer when the goods are delivered to the carrier. The seller is not obligated to contract or to pay for insurance. See also CFR; CIF; CIP; DAF; DDP; DDU; DEQ; DES; EXW; FAS; FCA; FOB; Incoterms.
Carriage Paid To (named place of destination) The seller must pay the costs and freight necessary to bring the goods to the named destination but the risk of loss of or damage to the goods is transferred from the seller to the buyer when the goods have been delivered into the custody of the carrier. Being based on FCA, this term may be used for any mode of transport.
The seller pays the freight for the carriage of the goods to the named destination. The risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time the goods have been delivered to the carrier, is transferred from the seller to the buyer when the goods have been delivered into the custody of the carrier.
Abbreviation for " carriage paid to (Named place of destination)."
Carriage paid to ( named place of destination) means that the seller pays the freight for the carriage of the goods to the named destination. The buyer should note that all risks for loss or damage to the goods transferto him/her when goods are handed over into the custody of the carrier.
Carriage paid to (named place of destination). This is an Incoterm - see the Incoterms 2000 website for more information. The seller clears the goods for export and pays for delivery to the named destination. The goods are delivered when the seller passes the goods to its carrier. From this point the buyer takes responsibility for all costs and risks.
Pricing terms indicating that carriage, or carriage and insurance, are paid to the named place of destination. They apply in place of CFR and CIF, respectively, for shipment by modes other than water.
Carriage Paid To (duty paid) (...named place of destination)
Carriage paid to SO Shipping Order
Carriage and Insurance Paid to (...named place of destination) Seller pays freight and insurance for carriage of the goods to the named destination.
Carriage Paid To (... named place of destination) means that the seller delivers the goods to the carrier nominated by him but the seller must in addition pay the cost of carriage necessary to bring the goods to the named destination. This means that the buyer bears all risks and any other costs occurring after the goods have been so delivered.If subsequent carriers are used for the carriage to the agreed destination, the risk passes when the goods have been delivered to the first carrier. The CPT term requires the seller to clear the goods for export. This term may be used irrespective of the mode of transport including multimodal transport.
Carriage Paid To (...named place of destination) means that the seller pays the freight for the carriage of goods to the named destination. SEE Incoterms for a list of the thirteen Incoterms.
Carriage Paid To (... named place of destination). Use of this term indicates that the exporter is responsible for the cost of freight up to the point where the goods are delivered to a specified destination, but is not responsible for insuring the goods against the risk of loss or damage while in transit. It is the importer's responsibility to clear the goods for import.
(Carriage Paid To) In CPT transactions the shipper/seller has the same obligations found with CIF, with the addition that the seller has to buy cargo insurance, naming the buyer as the insured while the goods are in transit.
the named place of destination} Carriage Paid To The delivery of goods to the named place of destination (discharge) at seller's expense. Buyer assumes the cargo insurance, import customs clearance, payment of customs duties and taxes, and other costs and risks. In the export quotation, indicate the place of destination (discharge) after the acronym CPT, for example CPT Los Angeles and CPT Osaka.
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