Quick answer
FAS (Free Alongside Ship) is an Incoterms 2020 rule for sea & inland waterway only. Seller places goods alongside vessel at origin port. The table below shows exactly which side pays the cost, carries the risk and arranges insurance at each stage of the journey.
Seller vs buyer — stage by stage
| Stage | Cost | Risk | Insurance |
|---|---|---|---|
| Factory / seller site | Seller | Seller | Seller |
| Export transport | Seller | Seller | Seller |
| Export terminal | Seller | Seller | Seller |
| Main carriage | Buyer | Buyer | Buyer |
| Import terminal | Buyer | Buyer | Buyer |
| Import transport | Buyer | Buyer | Buyer |
| Destination | Buyer | Buyer | Buyer |
Using FAS on LogiFindex
Ocean-only term — align with liner terms (THC) in your LogiFindex ocean offer.
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