Trade Department
This section contains measures pertaining to the trade division that also support international trade operations.
This section contains measures pertaining to the trade division that also support international trade operations.
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In the Incoterms rules for FAS (short for “Free Alongside Ship”), the seller clears goods for export and places them alongside the vessel at the named port of departure. The named port of departure location can be a loading dock or a barge, but not a container terminal. The buyer is responsible for loading the freight onto the vessel, as well as handling local carriage, discharge, import formalities and duties and onward carriage to the final destination. FAS only applies to ocean or inland waterway transport. It is popular with bulk cargo, such as oil or grain.