CPT: Carriage Paid To

By Mohamed Omer, Chairman & Chief Executive Officer, Mooventory Global · Any mode

The seller pays freight to the named destination, but risk passes when goods are handed to the first carrier.

Where risk transfers

At handover to the first carrier in the origin country.

When to use CPT

Multimodal and air cargo where the seller has better freight rates.

Watch out for

Cost and risk split at different points. The buyer carries risk for the whole voyage while the seller chose the carrier.

CPT for Africa trade

Common for air freight from Dubai to Nairobi, Addis Ababa or Mogadishu. Insure the cargo yourself.