What is FAS and when is it used?
Under FAS the seller delivers by placing the goods alongside the vessel at the named port, and risk passes there. It is used mainly for bulk commodities and heavy-lift cargo where loading is arranged by the buyer.
0
Under FAS the seller delivers by placing the goods alongside the vessel at the named port, and risk passes there. It is used mainly for bulk commodities and heavy-lift cargo where loading is arranged by the buyer.
Comments 0