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Guidelines to using Incoterms:
Always specify which terms are applicable - i.e. FAS in Incoterms 2000 as apposed to Incoterms 1990
When completing documents, ensure that you are using the correct format of a term. The term C+F has never existed. Urge your trading partners to confirm their acceptance to the specified term in writing. Draw up a check list of your duties and rights under the selected term and check that every intended or completed transaction conforms to this list and that nothing is omitted. Request that your trading partner do the same and exchange this information with them. Change or add nothing but in any event as little as possible to the selected term. In case of any inevitable change or addition, inform your trading partner and request them to accept it in writing. Never instruct carriers or any third party to do or omit anything on the basis of the Incoterms which do not apply to them at all. Free Alongside Ship
FAS { + the named point of origin } Free Alongside Ship Goods are placed in the dock shed or at the side of the ship, on the dock or lighter, within reach of its loading equipment so that they can be loaded aboard the ship at the sellers expense. The seller is also responsible for obtaining relevant export licenses and Customs entry. The buyer is responsible for the loading fee(s), main carriage / freight, cargo insurance, import Customs clearance and other costs and risks. |
