| Free Alongside Ship |
Incoterms: FAS means that the seller fulfils his obligation to deliver when the goods have been placed alongside the vessel on the quay or in lighters at the named port of shipment. The exporter's price includes the cost of the merchandise, packing, labeling, loading and all shipping costs to the vessel or warehouse at the named point. The FAS term also requires the buyer to clear the goods for export.
This term can only be used for sea or inland waterway transport.