Free Alongside Ship (named port of shipment)
|Applies to:||Sea and inland waterway only|
In Free Alongside Ship, the goods are cleared for export by the seller and placed alongside the vessel at the named port of departure. The location can be a loading dock or a barge.
The buyer is responsible for loading the freight onto the vessel, local carriage, discharge, import formalities and duties and onward carriage to the final destination.
FAS applies to ocean or inland waterway transport only and is popular with bulk cargo, such as oil or grain.
|Seller pays all expenses until the freight is loaded onto the vessel, then buyer takes over.|
FAS Incoterm Obligations
- Goods, commercial invoice and documentation
- Export packaging and marking
- Export licenses and customs formalities
- Pre-carriage to terminal
- Delivery alongside vessel at port of shipment
- Proof of delivery
- Loading charges
- Main carriage
- Discharge and onward carriage
- Import formalities and duties
- Cost of pre-shipment inspection