FAS free alongside ship - PowerPoint PPT Presentation

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FAS free alongside ship

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FAS 'free alongside ship' Requires the seller to deliver the goods ... From that point on, the buyer bears all cost and risk of loss and damage to the goods. ... – PowerPoint PPT presentation

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Title: FAS free alongside ship


1
FAS free alongside ship
  • Requires the seller to deliver the goods
    alongside the ship on the quay. From that point
    on, the buyer bears all cost and risk of loss and
    damage to the goods. Unlike F.O.B., F.A.S.
    requires the buyer to clear the goods for export
    and pay the cost of loading the goods. This term
    is for used for ocean freight only!

EXPORT CLEARANCE
IMPORT CLEARANCE
COUNTRY OF IMPORT
SELLER
BUYER
RISK
RISK
COST
COST
PRE-CARRIAGE
ON-CARRIAGE
MAIN CARRIAGE
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