Difference between CFR and CPT in shipping terms Posted on 01 September 2022 Category : Inco Terms The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained. How to differentiate CFR with CPT? What are the difference between CPT and CFR? As per Inco terms of shipping, CPT means Carriage Paid to (named destination mentioned). CFR means, Cost and Freight (up to the destination mentioned). The detailed articles on CFR and CPT with simple language have been mentioned in this web blog separately. I suggest you to read these articles on CFR 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 CFR term work? What are the obligations of buyer and seller under CFR terms. The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained. For your immediate reference, I give below web links on CPT and CFR separately below. CPT terms, a quick reference What is CFR term in Shipping? The above articles easily explain about CFR 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 CFR explained easily. Do you have different thought on difference between CFR and CPT? The above information is a part of Online Export Import course Posts about international trade cauching Difference between DAT and CPT in shipping terms Difference between CPT and DDP in shipping terms How to differentiate CPT and DAP in shipping terms Difference between FCA terms and CPT terms Difference between CFR terms and CIP terms Difference between CFR and DAT in shipping terms Difference between DDP and CFR in shipping terms DAT terms, a simplified tutorial How to start Export Business? How to get Export Orders? What are the risks and solutions in Export Business? Click here to know India Trade Classification(ITC) Service Tax - Click here to read complete notification under Budget 2014 What is Bank post shipment credit to exporters? Types of export containers Measurement of export containers Export Import Policy of India 2015-20 MEIS, Merchandise Exports from India Scheme SEIS, Service Exports from India Scheme Merge your Commercial Invoice and Packing List for all your future exports Export procedures and documentation The role of CBEC - Central Board of Excise and Customs in India. The role of Export Inspection Agency in Pre-shipment Inspection & Quality Control The role of Reserve Bank of India The Role of the International Chamber of Commerce (ICC) Negotiation procedures and formalities of export bills Non receipt of Cargo Arrival Notice, Can importer sue against shipping company Payment procedures in Triangular exports Who is Stevedores Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods? Why demurrage/detention waiver period is required at destination for import Why do carriers balance weight and volume while charging freight amount in Exports? Why does Palletization require? Why labeling and marking in Export business? The term FCL. What is FCL means The term LCL. What does LCL mean? Tips to exporters on Documentation How does First Appraisement system of import customs clearance procedures work? How does Letter of Credit work? How does STP units work in India? How does TT (Telegraphic Transfer) work? Transferability of Bill of Lading Transhipment - A redefinition Travelers to India under import duty exemption, Frequently Asked Questions Part 2 Triangular shipment Types of Insurance Documents. How does Wire transfer work in international business? How is assessable value calculated by customs for imports? How is IGM filed under high sea sale? How many of you know the meaning of Exports and Imports in India? How many types of imports in India. Types of bills of Entry in India Comments Bhatia Jagdish : On 10 August 2016 I am very eager to know difference between CFR and CPT, but even after reading from your above site, I am not clear, in both it seems same meaning. I would like to know key difference. Sir, I would be highly thankful to you if you touch to the key point difference and explain me how one differ from other. Maryam: On 04 December 2018 I believe CFR & CPT are the same. just CFR is used for ship and CPT for trucks and air cargo. Hossein Samavati Majd: On 31 May 2021 Dear Maryam CFR and CPT are different in some other ways. For example if you sell CPT Singapore (Importing country) The your risk will transfer to the buyer in Singapore while in CFR the risk is transferred when the merchandise is on-board in the port of loading.