Free Alongside Ship (FAS) means that the seller pays for transportation of the goods to the port of shipment. The buyer pays loading costs, freight, insurance, unloading costs and transportation from the port of destination to his factory. The passing of risk occurs when the goods have been delivered to the at the quay at the port of shipment.
Sunday, May 27, 2007
Free Aongside Ship - FAS (Incoterm 2000 continue)
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