Free Alongside Ship defines that the delivery of the goods by the seller must be placed alongside the ship in the contractually designated port. This can be on the quay or on a barge, i.e. inland vessel. From the moment the goods are placed FAS, the risk of damage or loss shall pass to the buyer. He bears all costs and risks from that moment. The FAS Incoterm is reserved exclusively for sea freight - this also applies to inland transport.
Frequently asked questions
When is it advisable to use FAS?
If you have bulk goods such as coal, wheat or metal to be loaded onto conventional ships, the delivery term FAS is the most suitable option. If the goods are packed in containers and can be brought directly to the ship and loaded, FCA is the better choice.
When is the transfer of risk with FAS?
The seller fulfils his delivery obligation when the goods are ready for loading from the quay or water. This can be done either with the loading equipment at the quay, e.g. a crane, or with that of a ship. When the goods are ready for loading onto the ship, the risk and costs are transferred to the buyer.
What has to be considered for delivery FAS?
In the case of FAS Incoterm, the buyer must also fulfil his obligation to notify the seller and inform him in good time of the name of the ship, the berth and the loading time.
If the ship does not arrive on the agreed date or departs earlier than agreed, the risk also then passes to the buyer.
Who bears the costs in the case of FAS?
Within the scope of this delivery agreement, the seller shall bear the costs of packaging and transport to the delivery point, including all necessary documents. The costs of loading and all other costs are borne by the buyer. Since Incoterms 2000, the seller is responsible for export clearance in the country of origin.
Do you have any questions about the transport of your goods? Please contact us. We will be happy to help you with your transport management!
Source: Incoterms® 2020 by International Chamber of Commerce
The Incoterms® are a central set of rules for international trade. They do not constitute a complete contract of sale, but become part of the contract. All previous versions of the Incoterms® remain valid. Unless a year is specified, the following shall apply upon application:
Until 31 December 2019, Incoterms® 2010 shall apply.
As of 1 January 2020, Incoterms® 2020 shall apply.
Older Incoterms® may also apply, provided the relevant year is indicated.
Note: This page is for information purposes. For a detailed explanation, please refer to the International Chamber of Commerce (ICC) publication INCOTERMS® 2020. For a complete and detailed description of all rights and obligations arising from the use of the above Incoterms®, please refer to the official text of the ICC. Only the text version published by the ICC is binding!