Tagged: FAS Incoterms

FAS Incoterms (Free Alongside Ship) means that the seller must place the goods alongside the ship nominated by the buyer. The seller is obliged to arrange all the steps in export country up to alongside the ship. The buyer have to arrange the rest. This terms is to be used only for sea or inland waterway shipments.   1. Which shipments FAS incoterms is suited for? – FAS Incoterms is designed for bulk and break bulk shipments. It is highly recommended not to use this term in containerized shipments. 2. Which party is responsible for loading the goods onboard? –...