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Topic: Carriage Paid To


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In the News (Wed 30 May 12)

  
  Carriage and Insurance Paid to - Wikipedia, the free encyclopedia
Carriage and Insurance Paid to (CIP) is an Incoterm.
The passing of risk occurs when the goods have been delivered into the custody of the carrier.
It is the same as CPT except that the seller also pays for the insurance.
en.wikipedia.org /wiki/Carriage_and_Insurance_Paid_to   (107 words)

  
 International Commercial Terms (InCoTerms)
"Carriage and insurance paid to..." means that the seller has the same obligations as under CPT but with the addition that the seller has to procure cargo insurance against the buyer's risk of loss of or damage to the goods during the carriage.
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.
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.
www.itds.treas.gov /incoterms.html   (1676 words)

  
 CPT - CARRIAGE PAID TO (... named place of destination)   (Site not responding. Last check: 2007-11-06)
CARRIAGE PAID TO means the seller pays the freight for the carriage of the goods to the named destination.
A carrier is any person who, in a contract of carriage, undertakes to perform or to procure the performance of carriage, by rail, road, sea, air, inland waterway or by a combination of such modes.
If subsequent carriers are used for carriage to the agreed destination, the risk passes to the buyer when the goods have been delivered to the first carrier.
www.pierobon.org /export/ch11/cpt.htm   (180 words)

  
 carriage paid to
Paid in surplus See: Paid-in capital Paid up When all payments that are due have been made.
A bond whose principal and/or interest may be paid in foreign or domestic currency at the discretion...
Funds are held until the check is paid, reissued or escheated to the state as...
www.idrassociate.org /-vyef33p.html   (643 words)

  
 Air Power International Express Services
The term "carrier" means any person by whom or in whose name a contract of carriage by road, rail, air, sea, or a combination of modes has been made.
Accordingly, "freight/carriage paid to" can be used for all modes of transportation, including container or roll-on roll-off traffic by trailers and ferries.
named place of destination) This term is the same as "freight/carriage paid to (CPT)" but with the additional requirement that the seller has to procure transport insurance against the risk of loss or damage to the goods during the carriage.
www.airpowerusa.com /incoterms.html   (961 words)

  
 Roadway Express: INCOTERMS 2000
Trade Terms are key elements of international contracts of sale.  They tell the parties what to do with respect to carriage of the goods from buyer to seller, and export and import clearance.  They also explain the division of costs and risks between the parties.
Carriage Paid To Carriage and Insurance Paid To Arrival
This term is the same as CPT with the exception that the seller also has to procure insurance against the buyer’s risk of loss or damage to the goods during the carriage.  This term may be used for any mode of transportation.
www.roadway.com /services/foreign/incoterms2000.html   (785 words)

  
 Atlas Forwarding
CIP (Carriage and insurance paid) is the closest equivalent term for other transportation modes.
CPT - Carriage Paid To Carriage Paid To is equivalent to CFR (or CandF) for transportation other than by ship.
CIP - Carriage, Insurance Paid To Carriage, Insurance Paid To is equivalent to CIF for transportation other than by ship.
www.atlasforwarding.com.au /customer/trade.php   (897 words)

  
    INCOTERMS 2000   
"Carriage paid to..." 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.
"Carrier" means any person who, in a contract of carriage, undertakes to perform or to procure the performance of transport, by rail, road, air, sea, inland waterway or by a combination of such modes.
The seller must contract on usual terms at his own expense for the carriage of the goods to the agreed point at the named place of destination by a usual route and in a customary manner.
www.inservice.ru /documents/incoterms-2000/cpt_eng.html   (956 words)

  
 Export Insurance Services, Inc. Marine Cargo Insurance INCOTERMS
The nomenclature "Freight/Carriage Paid To" and "Freight/Carriage and Insurance Paid to" in the 1980 Incoterms is abandoned, which is perhaps just as well because their usage did not become commonplace and this FCA term will be more readily understood.
The main carriage is not paid and the seller is called upon to deliver the goods to a carrier who is appointed by the buyer.
The main carriage must be paid by the seller who has to contract for carriage, but without assuming the risk of loss or damage to the goods or additional costs incurred after shipment and dispatch.
www.exportinsurance.com /incoterms.htm   (1830 words)

  
 Incoterms   (Site not responding. Last check: 2007-11-06)
”Carriage paid to …” means that the seller pays the freight for the carriage of the goods to the named destination.
”Carriage and insurance paid to ….” means that the seller has the same obligations as under CPT but with the addition that the seller has to procure cargo insurance against the buyer's risk of loss of or damage to the goods during the carriage.
This term means that the seller has the same obligations as under a CPT contract but with the additional obligation on the seller to buy marine cargo insurance against the buyer's risk of loss or damage to the goods during carriage.
www.steeltubestrade.net /tech_incoterms.php   (1827 words)

  
 Family-Express   (Site not responding. Last check: 2007-11-06)
Carriage Paid To - a new combined transport Incoterm replacing CFR where CT is involved but applicable to all modes of transport, it used to be DCP.
The person who tenders the goods for the carriage, not to be confused with the party issuing the bill of lading or the vessel's operator who is the carrier.
Through Transport Operator - a carrier who contracts to carry goods (only part of the carriage he undertakes to perform himself) on the basis that he is the principal whilst the goods are in his custody and care and an agent only whilst they are not.
www.family-express.com.ar /ES/tabla.html   (2501 words)

  
 Incoterms-CPT
Contract on usual terms at his own expense for the carriage of the goods to the agreed point at the named place of destination by a usual route and in a customary manner.
If a point is not agreed or is not determined by practice, the seller may select the point at the named place of destination which best suits his purpose.
Subject to the provisions of B.5., bear all risks of loss of or damage to the goods until such time as they have been delivered in accordance with A.4.
www.worldclassshipping.com /incoterm_cpt.html   (877 words)

  
 INCOTERMS C Group
This term means the seller pays the freight for the carriage of the goods to the named destination.
The risk of loss or damage to the goods and any cost increases transfers from the seller to the buyer when the goods have been delivered to the custody of the final carrier, and not at the ship's rail.
This term (also abbreviated CIP) is the same as "freight/carriage paid to" but with the additional requirement that the seller has to procure transport insurance against the risk of loss or damage to the goods during the carriage.
www-jime.open.ac.uk /2004/16/demo/Incoterms/Incoexp_c.htm   (245 words)

  
 Paid Survey in TutorGig Encyclopedia
Paid Services differ from Paid Content in the way that digital content can be passed on and be used..
Carriage Paid To Carriage Paid To CPT is a Incoterm.
Pre paid legal services are individual or group legal plans in which members pay a monthly fee in exchange for access to a range of legal services on call.
www.tutorgig.com /es/Paid+Survey   (837 words)

  
 INCOTERMS 2000 - Chart of Responsibility
For a more complete description of each of the INCOTERMS, The IBT Guide to INCOTERMS 2000 book published by International Business Training fully and clearly defines each of the new INCOTERMS that became effective January 1, 2000, and includes a number of case studies that demonstrate the use of the different terms in real-life situations.
CPT - Carriage Paid To, named place or port of destination.
This term is used for air or ocean containerized and roll-on roll-off shipments.
www.i-b-t.net /incoterms.html   (642 words)

  
 Incoterms 1990
The "C" terms (CFR, CIF, CPT and CIP)-Terms where the seller/exporter/manufacturer is responsible for contracting and paying for carriage of the goods, but not responsible for additional costs or risk of loss or damage to the goods once they have been shipped.
Not all Incoterms are appropriate for all modes of transport.
Main carriage-The primary transport of goods, generally for the longest part of the journey and generally from one country to another.
www.nalcorp.com /glossary/incoterms.html   (1550 words)

  
 Paid Internships   (Site not responding. Last check: 2007-11-06)
Paid inclusion 1: Generally speaking, '''paid inclusion''' is a business practice relevant 3: Some detractors of paid inclusion allege that it Causalitycauses sea
Carriage Paid To 1: '''Carriage Paid To''' (CPT) is a Incoterm.
Carriage and Insurance Paid to 1: stody of the carrier.
www.elusiveeye.com /side40368-paid-internships.html   (527 words)

  
 Incoterms   (Site not responding. Last check: 2007-11-06)
Delivered Duty Paid - Delivery takes place on the premises of the buyer where the arriving vehicle cargos are discharged from the vehicle.
Carriage and Insurance Paid To Costs of carriage and insurance of the goods, duty unpaid to the named destination.
Carriage Paid To As for CIP, except the cost of insurance is carried by the buyer.
ussco.sphosting.com /incoter2.html   (989 words)

  
 Transportation & Warehousing Terminology
CPT - Carriage Paid To (named port of destination) The seller pays the freight for carriage of the goods to the named destination.
In this context, "carrier" means any person who, in a contract of carriage, undertakes to perform or to procure the performance of carriage by rail, road, sea, air, inland waterway, or by a combination of such modes.
CIP - Carriage and Insurance Paid To (named port of destination) The seller has the same obligations as under CPT, but must also procure cargo insurance against the buyer’s risk of loss of, or damage to the goods during the carriage.
www.1800miti.com /links/page87.html   (1105 words)

  
 SeaNet.Com - Incoterms   (Site not responding. Last check: 2007-11-06)
"Carriage and Insurance Paid to.." is the term used so that the seller has the same obligations as in CPT, except that the seller must get cargo insurance against the purchaser's risk of loss of or damage to the consignment during the travel.
"Carriage Paid to.." is the term meaning that the seller pays for the freight to be carried to its destination.
CPT means that the seller must clear the goods for export.
www.snsl.org /incoterm.asp   (1581 words)

  
 EL Salvador - Terms of Exchange   (Site not responding. Last check: 2007-11-06)
With the terms CF, CIF, CPT and CIP, the merchandise is forwarded with the seller paying for the main transport.
This term may be used with any type of transport, and it means that the merchandise is considered delivered at the agreed border, but before customs limits in the country of destination.
The seller must assume all risks related to carriage of the merchandise to that location (excluding duties, taxes, and other official charges demanded from importing), as well as the expenses and risks of completing customs procedures.
www.elsalvadortrade.com.sv /intercambio/i_index.html   (726 words)

  
 Henry Gabriel
The risk of loss or damage and additional costs after delivery to the carrier transfers from the seller to the buyer when the goods have been delivered to the carrier or the first carrier if there is more than one such as when there is combined transport.
In other words, CPT is a "shipment" not a "destination" contract for purposes of risk of loss.
As with a CPT contract, the risk of loss passes to the buyer upon delivery of the goods to the carrier.
www.cisg.law.pace.edu /cisg/biblio/gabriel1.html   (3018 words)

  
 The Tyre Summits Trading Forum | Shipping Terms
CPT (Freight/Carriage Paid To) means the seller pays the freight for the transport of the goods to the named destination.
When the seller is required to furnish abill of lading, way bill, or carrier receipt, the seller fulfills theirobligation by presenting such a document issued by the person contracted withfor freight to the main destination.
CIP (Freight/Carriage and Insurance Paid To) isthe similar to CPT or "freight/carriage paid to" but with theadditional requirement that the seller procures transport insurance against therisk of loss or damage to the goods during transport.
www.tiredex.com /shippingterms.html   (1120 words)

  
 InterNetLC.com - International Trade Incoterms
The seller must pay the costs and freight necessary to bring the goods to the named port of destination but the risk of loss or damage, as well as additional costs due to events occurring after the time of delivery are transferred from the seller to the buyer.
This term is the same as "Carriage Paid To..." but with the addition that the seller has to procure insurance against the risk of loss of or damage to the goods during the carriage.
This term may be used irrespective of the mode of transportation, but when delivery is to take place in the port of destination on board the vessel or on the quay, the DES or DEQ terms should be used.
www.internetlc.com /TradeRefs/INCOTERMS.htm   (1963 words)

  
 EyeforTransport - transportation glossary C-D   (Site not responding. Last check: 2007-11-06)
The location of a cell on board of a container vessel identified by a code for successively the bay, the row and the tier, indicating the position of a container on that vessel.
An amount to be paid for carriage of goods based on the applicable rate of such carriage, or an amount to be paid for a special or incidental service in connection with the carriage of goods.
A container of a closed type, similar to a general purpose container, but specially designed for carriage of cargo where ventilation, either natural or mechanical (forced), is necessary.
www.eyefortransport.com /glossary/cd.shtml   (6126 words)

  
 INCOTERMS
FCA is based on the same principle as FOB except that the seller fulfills his or her obligation when goods are delivered into the custody of the carrier at the named point.
Like CFR, CPT means that the seller pays the freight for the carriage of the goods to the named destination.
This term is the same as "Carriage Paid to-" but with the addition that the seller has to procure transport insurance against the risk of loss or damage to the goods during the carriage.
www.johnpcoston.com /INCOTERMS.htm   (973 words)

  
 Incoterms 1990
These are shipment contracts with the destination point named, and carriage paid by the seller.
In these the seller arranges the contract of carriage and payment of freight and is regarded as being in a better position than the buyer to arrange insurance.
Where the seller has to contract for carriage, but without assuming the risk of loss of or damage to the goods or additional costs due to events occurring after shipment and dispatch, (CFR, CIF, CPT and CIP).
www.jus.uio.no /lm/icc.incoterms.1990/doc   (2424 words)

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