Difference between CIP and CPT in shipping terms

 The information provided here is part of Export import business Course online

 

How to differentiate CIP with CPT?

 

Difference between CIP and CPT in shipping terms copyWhat are the difference between CPT and CIP?

 

As per Inco terms, CPT means Carriage Paid to (named destination mentioned). CIP means, carriage and insurance paid (up to the destination mentioned).

 

The detailed articles on CIP and CPT with simple language have been mentioned in this web blog separately. I suggest you to read these articles on CIP and CPT, so as to enable you to have a clear idea on these shipping terms.

 

What is CPT? What are the responsibilities of buyer and seller under CPT terms? How does CIP terms work? What are the obligations of buyer and seller under CIP terms.

 

For your immediate reference, I give below web links on CPT and CIP separately below.

 

 CPT terms, a quick reference

 

Explained CIP terms of shipping in simple language

 

 

 

 

The above articles clearly explains about CIP and CPT.

 

Detailed articles about Inco Terms of Delivery under export and import of International business  have been mentioned in  separate category – INCO TERMS – in this web site.  You can click here to read.

I hope, you have satisfied with the difference between CPT and CIP explained easily. Do you have different thought on difference between CIP and CPT?

 

The above information is a part of Online international business guide course


 

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