CPT (CARRIAGE PAID TO)

The seller clears the goods for export and gets it delivered to the carrier or another person specified by the seller at a named place of shipment. The seller is responsible for the international transportation costs related to the goods delivery to the named foreign place of destination. The risk transfer, on the other hand, shifts from the seller to the buyer as soon as the goods are delivered to the carrier/person. This means that the buyer shoulders the risk of loading the goods on the carrier during the international transport of the goods.