Glossary entry

Arabic term or phrase:

CIP واصل مخازن

English translation:

Delivery is "CIP" CARRIAGE, INSURANCE PAID TO (... named place of destination)

Added to glossary by Vincenzo Di Maso
Mar 28, 2009 16:06
15 yrs ago
8 viewers *
Arabic term

CIP واصل مخازن

Arabic to English Law/Patents Law (general)
this part is so strange...
CIP واصل مخازن
الهيئة العامة لتشغيل مشارع الري و البزل

Proposed translations

+1
4 mins
Selected

Delivery is "CIP" CARRIAGE, INSURANCE PAID TO (... named place of destination)

CIP
CIP - CARRIAGE, INSURANCE PAID TO (... named place of destination) "Carriage and insurance paid to..." means that the seller has the same obligations as under CPT but with the addition that the seller has to procure cargo insurance against the buyer's risk of loss and/or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium.
The buyer should note that under the CIP term the seller is only required to obtain insurance on minimum coverage. The CIP term requires the seller to clear the goods for export. This term may be used for any mode of transport including multimodal transport.
Peer comment(s):

agree Mohammad Gornas : This input looks absolutely professional i would take it for granted
43 mins
Many thanks turi011
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "shukran"
49 mins

arriving the stores of

arriving the stores of
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search