Sea and inland waterway
FAS
Free Alongside Ship
The seller delivers the goods alongside the buyer’s vessel at the named port of shipment, cleared for export.
WHO DOES WHAT — 8 STAGES
SELLER
Place the goods alongside the vessel nominated by the buyer
Complete export clearance
BUYER
Nominate the vessel and contract sea freight
Pay loading costs and bear risk from delivery alongside
Complete import clearance
KEY FACTS
Risk, cost and paperwork at a glance.
RISK TRANSFERS
When the goods are placed alongside the vessel at the port of shipment.
COST TRANSFERS
Alongside the vessel at the named port of shipment.
INSURANCE
No obligation for either party.
EXPORT CLEARANCE
Seller
IMPORT CLEARANCE
Buyer
IN PRACTICE
When to use it, and when not to
FAS is used mainly for bulk and breakbulk cargo loaded by ship’s gear or port cranes. It is not suitable for containers handed over at a terminal.
Educational summary of the Incoterms® 2020 rules, not legal advice. Incoterms® is a trademark of the International Chamber of Commerce; check the official ICC text and take professional advice for contracts.
GUIDE
Incoterms® 2020, explained in full
ALL RULES
The other ten rules
AGREED THE TERMS?