CPT Incoterm

CPT (Carriage Paid To) Incoterm indicates that the seller is responsible for arranging, paying for, and delivering goods to a specific destination. It requires the seller to pay the transport cost up until delivery at an agreed-upon place at the port of destination.

The buyer assumes responsibility once the goods are delivered to the carrier at the point of shipment. CPT also implies that the risk of loss or damage passes from the seller to the buyer upon delivery at this location. The buyer is responsible for arranging and paying for insurance during transportation.