Carriage paid to (CPT) and carriage and insurance paid to (CIP) a named place of destination. Used in place of CFR and CIF, respectively for shipment by modes other than water
adi Consult, Freight Forwarding, Logistics & Transport Industry Terms, Dsseldorf, Nordrhein-Westfalen, 2015 Germany. http://www.adiconsult.com/IndustryTerms.asp, (Log - Brit) {1029}