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Chapter 7 International Trade Terms FCA, CPT CIP(All modes,delivery to carrier) 1. FCA 货交承运人 Free Carrier (named place 指定地) FCA FCA, CPT CIP(All modes,delivery to carrier) 2. CPT 运费付至… Carriage Paid To (named place of destination 指定目的地) CPT FCA, CPT CIP(All modes,delivery to carrier) 2. CIP 运费保险费付至… Carriage and Insurance Paid To (named place of destination 指定目的地) CIP Comparison between FCA,CPT,CIP and FOB,CFR,CIF Similarity 相同点 All of them are symbolic delivery, shipment contract, no guarantee on arrival. The seller is responsible for export clearance; the buyer is responsible for import clearance. FCA is somewhat like FOB, CPT like CFR, CIP like CIF. Differences 不同点 Modes of transportation Different points of risk dividing Charges for loading and unloading the goods. The other 7 trade terms The other 7 trade terms The other 7 trade terms The other 7 trade terms The other 7 trade terms The other 7 trade terms The other 7 trade terms Expression and Choice of Trade Terms Expression and Choice of Trade Terms Expression and Choice of Trade Terms * * * Carrier An individual or legal entity that is in the business of transporting passengers or goods for hire. Shipping lines, air lines, tracking companies and railroad companies are all carriers. “Free carrier”, means the seller delivers the goods, cleared for export, to the carrier (承运人) nominated by buyer at the named place. ?????????????????????????????????????? RiskCost RiskCost Buyer ???????????????????????????????????????????????????? Seller Risk Cost carrier Seller’s risk Buyer’s risk At the hold of carrier Passing point of Risk Be responsible for production and supply Carry out export formality Arrange for carriage Effect insurance Carry out import formality Take delivery of goods and make payment Deliver the goods under the hold of carrier and related expenses Trade terms Price composition Responsibilities division GBP 300 per carton FCA Shanghai Example 3
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