CIP incoterm 2020 can be described as Carriage & Insurance Paid To. The only difference is that the CIP seller arranges insurance. CPT is covered in a separate article. Click here for more information. As per CIP Incoterm 2020, the seller will deliver the goods to the designated place and insure […]

To understand what is FCA shipping, we have tried our best to explain the term and the process in a simple way by giving an example. In the event of FCA the incoterm buyer hand over the cargo at the location of the seller’s preference where it could be on the […]

The CPT Incoterm 2020 is one of 11 incoterms that were defined by the International Chamber of Commerce (ICC). CPT Incoterm terms allow the seller to deliver the goods to the designated place. At that point, risk is transferred from the seller to the buyer. This agreement allows the seller to […]