B-6-22- Incoterms © 2010 cpt


CPT, Carriage Paid To, is one of the 11 Incoterms © 2010



Incoterms 2010 ©
 CFR   CIF   CIP   CPT   DAP   DAT   DDP   EXW   FAS   FCA   FOB  


The Incoterms © CPT 2010 is an Incoterm © with the main carriage paid by the exporter.

The Incoterms © CIP 2010 is an Incoterm © with "main carriage unpaid."

The Incoterms © CPT 2010 is used for multimodal carriage.

6-22-1- Summary

The exporter chooses the carrier and pays the freight up until arrival at the named place. Upon delivery to the first carrier, the importer is responsible for damage and loss, as well as potential cost increases. The transfer of risks and costs does not occur at the same place. The exporter must clear the goods for export.

6-22-2- From the viewpoint of importer

The importer is responsible for unloading and associated costs, as well as the import customs clearance. The risk transfer, the point from which the exporter takes on the costs, occurs at initial transport, as shown on the diagram. The exporter should therefore clarify this fact.
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6-22-3- Advantages for the importer

The importer is only responsible for the transport logistics from its native country and the import customs clearance. He just has to negociate good prices.

6-22-4- From the viewpoint of the exporter.

The exporter is responsible for transport logistics in its country, packaging, transport and insurance.

6-22-5- Advantages for the exporter

This Incoterms © is of interest to the exporter if he controls the transport logistics within its own country. With control of the operation, the importer is fittingly left responsible for unloading and associated costs. The exporter pays the export clearance -- of interest, especially for those in possession of the proper skill set, or a competent freight forwarder.

6-22-6- The point of ownership transfer: when goods are loaded for initial transport


Note the delivery -- parties pay prospective insurance costs from the point of ownership transfer. The transfer of risk and costs do not occur at the same place. .


6-22-7- Incoterms © CPT 2010: Distribution of costs and risks

 Description

 Costs

Risks
 Packaging  Exporter  Exporter
 Loading at the factory  Exporter  Exporter
 Pre-transport  Exporter  Exporter
 Export customs  Exporter  Exporter
 Handling on departure  Exporter  Importer
 Main transport  Exporter  Importer
 Transportation insurance  Importer  
 Handling on arrival  Importer  Importer
 Import customs  Importer  Importer
 Post-transport  Importer  Importer
 Unloading at the factory  Importer  Importer