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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.
27 Σεπ 2024 · Free alongside ship (FAS) is a contractual term in the export trade that obligates a seller to deliver goods to a port and next to a buyer's designated vessel.
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.
The Incoterm FAS or Free Alongside Ship means that the seller is obliged to get the goods cleared for export, packed and ready for loading onto the vessel at the port of origin. Following FAS shipping terms, the buyer must pay for the loading services and the freight transport. Unlike other Incoterms, under the FAS shipping term, neither seller ...
FAS (Free Alongside Ship) shipping incoterm explained in plain English. Learn which incoterm is right for your international shipment at Freightos.com.
