Incoterms® 2020 — Sea and inland waterway only
FAS — Free Alongside Ship
Mode of transport
Sea and inland waterway only
- Definition
- The seller delivers when the goods are placed alongside the vessel (e.g. on a quay or a barge) nominated by the buyer at the named port of shipment, cleared for export.
- Delivery point
- Alongside the named vessel at the named port of shipment.
- Risk transfer
- When the goods are placed alongside the ship.
- Seller costs
- Packing and inland carriage to the quay
- Export clearance
- Quay/handling charges up to alongside
- Buyer costs
- Loading on board, freight and main carriage
- Insurance
- Import clearance and destination costs
- Insurance
- No obligation on either party.
- Export formalities
- Seller's responsibility.
- Import formalities
- Buyer's responsibility.
- Documents
- Commercial invoice, packing list
- Export declaration
- Dock receipt / mate's receipt as proof of delivery
- Best use cases
- Bulk and break-bulk cargo — ore, grain, steel, project cargo loaded directly from the quay.
- Common mistakes
- Using FAS for containers — FCA is correct
- Not aligning the vessel nomination date with the delivery window
- Ignoring quay storage costs if the vessel is delayed
- Practical example
- FAS Imam Khomeini Port, Incoterms® 2020.
