ICC OFFICIAL RULES FOR THE INTERPRETATION OF TRADE TERMS
CPT - Carriage Paid To (named place of destination)
The meaning of it is that the delivery is completed for the supplier when customs procedures for export were completed and the goods were transferred to the forwarder for transportation to a specific destination specified in the contract. All risks associated with the transportation of goods pass from supplier to recipient after delivery of the goods to the forwarder. CPT is concluded on the basis of an international contract of sale, which indicates all the responsibilities and what expenses each party bears. As a rule, the supplier bears all responsibilities with the delivery and clearance of goods to a specific destination. Under CPT conditions, the recipient must insure the goods, unlike the CIP and CIF conditions.
Who covers the logistics charges?
Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller