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http://www.cipconstruction.net/ WebJun 15, 2024 · The CIP incoterm stands for ‘Carriage and Insurance Paid to’, wherein the seller is responsible for goods only till the first port, which is the exporter's country's port and not the terminal. It is one the 11 … WebJan 13, 2024 · CIP Incoterms Meaning. CIP is an abbreviation for ‘Carriage and Insurance Paid’. It is a shipping Incoterm where the seller is obliged to pay for transportation of the goods from their premises to a specific destination agreed upon with the buyer.. Additionally, the seller should also pay for insurance to cover the goods against risk until they arrive at … city and guilds level 1 ict