What does Free Alongside Ship (FAS) mean?
A) At a named U.S. Port of export the exporter quotes a price for the goods including delivery, alongside a vessel at the port.
B) The price is designated while traveling on a ship in an ocean.
C) The customs representatives pull upside the ship to make the pricing decision.
D) When other ships come alongside the vessel, there are not taxes making it free.

Question

Quizplus · Accepted Answer

Free Alongside Ship (FAS) means that the seller quotes a price for the goods that includes delivering the goods alongside a vessel at a named port of export. The seller is responsible for the cost and risk of delivering the goods to this point. The buyer is responsible for all further transportation costs and risks from the point of delivery.

What Does Free Alongside Ship (FAS) Mean