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Carriage & Insurance Paid To Incoterm (CIP)

Carriage & Insurance Paid To Incoterm (CIP)

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In the form of CIP incoterms, the seller, i.e.," the exporter" company, organizes the processes of loading the container or vehicle, organizing the inland transportation, finalizing the port process and customs clearance, and shipping the cargo according to the final destination. CIP is a form of delivery that can be used for any mode of transport, including multimodal, regardless of which mode of transport is chosen.