slrshippingllc (2)

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Understanding Free-On-Board Delivery(FOB)
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What is FOB? FOB is a term defined by the
International Chamber of Commerce for deciding
which part (typically a seller or buyer) will be
liable for the damages or losses that occur
during the shipment. Also, it is used to decide
which party among the buyer or seller will bear
the costs of insurance covers or shipping
expenses.
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Essential points of FOB shipping you need to know
FOB Shipping Point Under this, the entire
liability of goods will be transferred from the
seller to the buyer once it reaches the delivery
carrier. FOB Destination Under this, the seller
has to bear all the legal responsibilities and
damages related to the goods for the entire
shipping process. FOB Shipping Point Cost Under
FOB Shipping point cost, the seller bears the
complete responsibility of goods until it reaches
the buyers delivery point.
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Why do you need a reliable shipping company?
Understanding the various incoterms of the
shipping industry is essential for both buyers
and sellers. If you plan to grow your business
globally, you need to know the basics first.
With the help of the top international shipping
company in Dubai, like SLR shipping services,
you can get rid of all the hassle of shipping
internationally. Do not risk your money and goods
partnering with unskilled shipping companies for
your extremely precious shipments.
W W W . S L R S H I P P I N G L L C . C O M
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Get in Touch
Website Address www.slrshippingllc.com Email
address enquiry_at_slrshipping.com Phone
number 971 4 333 6593