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Posted on May 08, 2024

M.D. Exporter in Rome, Italy, is shipping 14 pallets of art supplies, loaded in one 20-ft ocean container, to S.T. Importers in Montevideo, Uruguay

M.D. Exporter in Rome, Italy, is shipping 14 pallets of art supplies, loaded in one 20-ft ocean container, to S.T. Importers in Montevideo, Uruguay on CPT, Port of Montevideo, Incoterms 2020. The term of payment is open account, 60 days. Who pays the ocean freight charges?

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According to the CPT Carriage Paid To term of Incoterms 2020 the seller in this case MD Exporter in ... blur-text-image

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