Free Alongside Ship (FAS)Free Alongside Ship (FAS)
Refers to the seller’s price quote for the goods, including the charge for delivery of the goods alongside a vessel at the named port of export. The seller handles the cost of wharfage, while the buyer is accountable for the costs of loading, ocean transportation, and insurance. It is the seller’s responsibility to clear the goods for export. As the term implies, FAS is used only for waterborne shipments.
Cost and Pricing