FAS Incoterms 2010: Meaning & Explanation
FAS - Free Alongside Ship (named port of loading)
The seller delivers when the goods are placed alongside the buyer's vessel at the named port of shipment. This means that the buyer has to bear all costs and risks of loss of or damage to the goods from that moment. The FAS term requires the seller to clear the goods for export, which is a reversal from previous Incoterms versions that required the buyer to arrange for export clearance. However, if the parties wish the buyer to clear the goods for export, this should be made clear by adding explicit wording to this effect in the contract of sale. This term should be used only for non-containerized sea freight and inland waterway transport.
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 Works
- FCA — Free Carrier
- FAS — Free Alongside Ship
- FOB — Free on Board
- CFR — Cost and Freight
- CIF — Cost, Insurance and Freight
- CIP — Carriage and Insurance Paid Тo
- DAP — Delivered at Place
- DPU — Delivered Named Place Unloaded
- DDP — Delivered Duty Paid
Incoterms 2010
- CFR — Cost and Freight
- CIF — Cost, Insurance and Freight
- CIP — Carriage and Insurance Paid Тo
- CPT — Carriage Paid To
- DAP — Delivered at Place
- DDP — Delivered Duty Paid
- DAT — Delivered at Terminal
- EXW — EX Works
- FAS — Free Alongside Ship
- FCA — Free Carrier
- FOB — Free On Board
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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.
