An Incoterms® rule, applicable only to ocean or waterway transport, under which the seller is responsible for clearing the goods for export and placing them alongside the vessel at the named port of delivery.
Risk of loss or damage transfers to buyer when goods are alongside the ship, and buyer is responsible for loading the goods onto the vessel, and all costs associated with that process, as well as the cost of shipment to the final destination.
When using the FAS Incoterms® rule, it is advisable to clearly specify the named port of shipment, as well as the precise loading point within the port, in the contract of sale (and, separately, the contract of carriage).
This particular Incoterms® rule is often used with bulk cargo. For containerized cargo, which is usually delivered to a yard or terminal prior to loading (rather than directly to the ship), this Incoterms® rule would present complications. In such cases, consider using the FCA Incoterms® rule instead.
Note:
When an Incoterms® rule is included in a contract of sale, it creates legal obligations for the buyer and seller, which can have costly implications. Therefore, it is important that traders read and understand the precise wording of the Incoterms® rules carefully and choose the rule to include in their sale contract thoughtfully. For additional information and resources on the Incoterms® rules, and to purchase the full text of the Incoterms® 2020 rules, visit the ICC website.
Bulk Cargo Consignee Consignor Free Carrier (FCA) Free on Board (FOB) Incoterms
Why are Incoterms rules necessary?
How many Incoterms rules are there?
What do Incoterms rules cover?
What don't Incoterms rules cover?
What can I do right now to help my business with Incoterms rules?
How do Incoterms rules affect my shipment?
Learn more about the eleven existing Incoterms® rules and what they mean for your shipping business.
Learn More
Whether you’re a seasoned supply chain expert or this is your first time just starting out, we’re here to help.
Learn More
Every day we move ocean freight across 2,300+ lanes. So if you're nervous about going ocean, don't sweat it.
Learn More
On our UPS® Forwarding Hub, get and compare quotes, book shipments, and track them end-to-end on one modern, easy-to-navigate dashboard. Get a quote to start booking today.
Get a Quote Open the link in a new windowInsight in Your Inbox
Never miss out on the latest industry news, expert insights, and promotions. We'll send you what you need to know to keep your freight moving.
Sign Me Up Open the link in a new window