Incoterms 2020
FAS: Free Alongside Ship
Deliver the goods alongside the ship at the loading port, cleared for export. Loading onto the vessel, ocean freight, insurance, import clearance, and delivery.
FAS at a glance
- Applies to
- Sea and inland waterway only
- Risk transfers to buyer
- When the goods are placed alongside the vessel at the named port of shipment.
- Main carriage paid by
- Buyer
- Insurance
- No party is obliged to insure.
- Export clearance
- Seller
- Import clearance and duties
- Buyer
- Seller handles
- Deliver the goods alongside the ship at the loading port, cleared for export.
- Buyer handles
- Loading onto the vessel, ocean freight, insurance, import clearance, and delivery.
- Best for
- Bulk or break-bulk sea cargo where the buyer controls loading and freight.
General guidance only, not legal advice. Your sales contract governs. Based on Incoterms 2020.
FAS questions
Know the term, then track what it costs
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