CPT (Carriage Paid To) and CIP (Carriage and Insurance Paid to)
CPT (Carriage Paid To) and CIP (Carriage and Insurance Paid to) :
Pricing terms indicating that carriage, or carriage and insurance, are paid to the named place of destination. For shipment by other methods than sea, they apply in place of CFR and CIF, respectively. But See Incoterms 2010
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