FAS: Free Alongside Ship

By Mohamed Omer, Chairman & Chief Executive Officer, Mooventory Global · Sea & inland waterway

The seller places goods alongside the vessel at the named port of shipment, cleared for export.

Where risk transfers

When goods are alongside the ship at the port of loading.

When to use FAS

Bulk and break-bulk cargo such as grain, timber or steel.

Watch out for

Not suitable for containers, which are handed over at a terminal before reaching the ship.

FAS for Africa trade

Relevant to bulk agricultural exports from Berbera, Mombasa or Tema.