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CIP Carriage and Insurance Paid To: The Protected Passage

The term CIP Carriage and Insurance Paid To is similar to CPT, but with the added requirement that the seller purchases insurance for the goods. Picture yourself on that same train, but this time, you’re also insured for the journey. This is CIP. Since its birth in 1980, CIP has been the safer alternative for multi-modal transport, mirroring CIF’s protective approach.

売主の義務:

指定された出荷場所で運送人に商品を引き渡すこと。

Pay for the cost of transport and insurance to the named place of destination.

輸出のために商品を通関させる。

買い手の義務

輸入通関を行い、関税を支払う。

商品が運送業者に引き渡された後の紛失または破損のリスクはすべて負担すること。

CIP instance:

売り手だ: A Chinese producer of replacement lithium batteries for electrical tools

バイヤーだ: A middle brand of electrical tool parts in Texas, USA,

出荷時の慣用語: CIP (Carriage and Insurance Paid to) for two containers of lithium batteries

Battery shipment under CIP Carriage and Insurance Paid To

Under CIP, the seller delivers the goods to the carrier or another person nominated by the seller at an agreed place, contracts for and pays the costs of carriage necessary to bring the goods to the named place of destination, and also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage.

費用の内訳はこうだ:

  1. 製品コスト: Agreed price for the batteries is $30,000.
  2. 現地ロジスティクス: Costs for delivering goods from the factory to the port in China (seller’s responsibility), let’s say $1,500.
  3. 輸出通関: 中国税関での輸出通関費用(売主負担)、仮に$500とする。
  4. 運賃: Cost of shipping goods across the ocean to the destination port in Texas, USA (seller’s responsibility under CIP), let’s say $3,000.
  5. Insurance: Cost of insurance to cover the buyer’s risk of loss or damage to the goods during carriage (seller’s responsibility under CIP), let’s say $1,000.

So, the total cost to the seller (CIP price) is $30,000 + $1,500 + $500 + $3,000 + $1,000 = $36,000.

配送:

  1. 輸入通関: Duties and taxes for goods to be cleared by US customs (buyer’s responsibility), let’s say $4,000.
  2. 現地ロジスティクス: Costs for delivering goods from the port to the buyer’s warehouse in Texas, USA (buyer’s responsibility), let’s say $1,500.

So, the total cost to the buyer is the CIP price ($36,000) plus the costs of Import Customs Clearance ($4,000) and Local Logistics ($1,500). That is, $36,000 + $4,000 + $1,500 = $41,500.

Under CIP, the seller has the obligation to arrange and pay for the carriage of the goods to the agreed destination, and also to procure insurance against the buyer’s risk. However, the risk transfers from the seller to the buyer as soon as the goods have been handed over to the first carrier.

CPT term is closed to CIP term.