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2. FCA or "Free Carrier "
This term has been designed to meet the requirements
of multi-modal transport, such as container or roll-on, roll-off
traffic by trailers and ferries. The seller fulfils his/her
obligations when the goods are delivered to the custody of
the carrier at a named point. If no precise point can be named
at the time of the contract of sale, the parties should refer
to the place where the carrier should take the goods into
its charge. The risk of loss or damage to the goods is transferred
from seller to buyer at that time.
3. FAS or "Free Alongside Ship"
requires the seller to deliver the goods alongside the ship
on the quay. From that point on, the buyer bears all costs
and risks of loss and damage to the goods. F.A.S. requires
the buyer to clear the goods for export and pay the cost of
loading the goods.
4. FOB or "Free On Board,"
the goods are placed on board the ship by the seller at a
port of shipment named in the sales agreement. The risk of
loss of or damage to the goods is transferred to the buyer
when the goods pass the ship's rail (i.e., off the dock and
placed on the ship). The seller pays the cost of loading the
goods.
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