CPT (Carriage Paid To)

CPT (Carriage Paid To) means that the seller delivers the goods to a carrier designated by the seller and pays the freight for carrying the goods to the named destination. However, the risk of loss of or damage to the goods, as well as additional costs, passes from the seller to the buyer once the goods have been delivered to the carrier. It applies to any mode of transport, including multimodal transport. Usage scenarios: The seller wishes to control the transport arrangements and pay the main freight, but is unwilling to bear the risk after the goods are delivered to the carrier. Points to note: The named destination and carrier must be clearly specified; the seller is responsible for export clearance, while the buyer is responsible for import clearance and costs after unloading; if multiple carriers are used, risk passes when the goods are delivered to the first carrier. Difference from CIP: CIP requires the seller to obtain insurance, while CPT does not; difference from CFR: CFR applies only to sea transport, and risk passes when the goods pass the ship's rail, whereas CPT applies to various modes of transport, and risk passes when the goods are delivered to the carrier. Difference from DAP: Under DAP, the seller must bear all risks until the goods reach the destination, whereas under CPT, risk passes earlier.