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29 Απρ 2024 · FAS (Incoterms 2020)Delivery: The delivery occurs when the goods are placed alongside the ship at the named port of originRisk of Loss: Once the delivery occ...
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In FAS the seller clears the goods for export and delivers them alongside side the vessel nominated by the buyer at port of origin. This means that the seller is responsible for all costs and risks to the goods up to point of delivery. This term applies only for ocean or inland waterway ports.
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3 Ιουλ 2024 · One such Incoterm is FAS (Free Alongside Ship), a crucial term for businesses engaged in sea freight. This comprehensive guide will delve into the intricacies of FAS, exploring its implications for costs, risks, and responsibilities for both buyers and sellers.
