Definition
An Incoterms 2020 rule for sea and inland waterway transport where the seller delivers when the goods are placed alongside the vessel at the named port of shipment. Risk and cost pass to the buyer at that point, and the seller is responsible for export clearance. FAS suits bulk commodities loaded directly at quayside.
Frequently asked questions
What is FAS (Free Alongside Ship)?
An Incoterms 2020 rule for sea and inland waterway transport where the seller delivers when the goods are placed alongside the vessel at the named port of shipment. Risk and cost pass to the buyer at that point, and the seller is responsible for export clearance. FAS suits bulk commodities loaded directly at quayside.
Which glossary terms are related to FAS (Free Alongside Ship)?
FAS (Free Alongside Ship) is a documentation term in the South African import/export industry. Related terms in the same area include Air Waybill (AWB), ATA Carnet, Bill of Lading (BoL), Cargo Manifest, Certificate of Conformity — each has its own plain-English definition in the TradeCaravan glossary.