International Trade Terms Glossary

FAS - Free Alongside Ship

The seller must deliver the goods to a named port of shipment so that they arrive at the vessel and clear the goods for export.

The buyer will then bear the costs from the time of arrival at the vessel. The buyer must then take on all risks both of damage to or loss of the goods.

Are you sending the goods by ship? Get them to the side of the ship and forget about them. (Make sure you get export clearance.) It's the buyer's responsibility from there. Do make sure you have export clearance, though. And don't use FAS if water transport is not involved.

As the term FAS suggests, it can only be used where water transport is involved, whether by sea or inland waterway.

What we do

At Shark Finesse we have created business case software to help you win budget and change the way you talk to customers about business value.
Find out how

We'd love to hear from you!

+44 (0)1256 338635
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK