INCOTERMS 2010: ICC Offiziellen Regeln für die Auslegung von Vertragsklauseln
FOB Incoterms: Meaning & Explanation
Under FOB terms the seller bears all costs and risks up to the point the goods are loaded on board the vessel. The seller's responsibility does not end at that point unless the goods are "appropriated to the contract" that is, they are "clearly set aside or otherwise identified as the contract goods. Therefore, FOB contract requires a seller to deliver goods on board a vessel that is to be designated by the buyer in a manner customary at the particular port. In this case, the seller must also arrange for export clearance. On the other hand, the buyer pays cost of marine freight transportation, bill of lading fees, insurance, unloading and transportation cost from the arrival port to destination. Since Incoterms 1980 introduced the Incoterm FCA, FOB should only be used for non-containerized seafreight and inland waterway transport. However, FOB is commonly used incorrectly for all modes of transport despite the contractual risks that this can introduce. In some common law countries such as the United States of America, FOB is not only connected with the carriage of goods by sea but also used for inland carriage aboard any "vessel, car or other vehicle.
Who covers the logistics charges?
Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller
Incoterms 2020
- EXW — Ex Arbeite
- FCA — Frei Träger
- FAS — Frei Längsseite Schiff
- FOB — Free on Board
- CFR — Preis und Fracht
- CIF — Kosten, Versicherung und Fracht
- CIP — Fracht und Versicherung bezahlt
- DAP — Geliefert am Ort
- DPU — Delivered Named Place Unloaded
- DDP — Geliefert verzollt
Incoterms 2010
- CFR — Preis und Fracht
- CIF — Kosten, Versicherung und Fracht
- CIP — Fracht und Versicherung bezahlt
- CPT — Fracht bezahlt zu
- DAP — Geliefert am Ort
- DDP — Geliefert verzollt
- DAT — Geliefert am Terminal
- EXW — EX Arbeite
- FAS — Frei Längsseite Schiff
- FCA — Frei Träger
- FOB — Frei am Bord
Incoterms 2000
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Track & Trace System
Container tracking service provides a very convenient and easy to use way of tracking the current location of containers with your cargo by container number.
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Real ocean freight transit time
Get to know the time in transit of cargo on popular container shipping lines between ports of loading and port of discharge.
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Sea Lines Explorer
Service is designed for determination of shipping lines whose vessels put in chosen port or direction.
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Container Terminals Explorer
Service is designed for determination of sealine port list.