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Free Alongside Ship

Free Alongside Ship (FAS) is an Incoterm. It 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 quay at the port of shipment.



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01-04-2007 01:21:04