FAS | Free Alongside Ship Incoterms® 2020

Modified on Fri, 23 Jul, 2021 at 1:44 PM

Waterway Transport

The delivery happens when the seller places the goods alongside the vessel. The buyer has to arrange and pay for the vessel. If the goods were damaged or lost on the ship to the buyer, the seller does not have to pay for the damage or loss.

Under FAS, the seller has to do the export clearance.


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