Incoterms® 2020 Rules—FAS Free alongside ship
Incoterms® 2020 Rules—FAS Free alongside ship

The following Commercial guidance note provides comprehensive and up to date legal information covering:

  • Incoterms® 2020 Rules—FAS Free alongside ship
  • Explanatory notes for users
  • The seller’s and buyer’s obligations

This Practice Note comprises the guidance note to the FAS Free alongside ship Incoterm in the Incoterms® 2020 rules, produced here with the permission of ICC Publishing SA. Incoterms® 2020 rules and other ICC publications are available from ICC Publishing SA, 38 Cours Albert 1er, 75008 Paris, France and from ICC United Kingdom, 12 Grosvenor Place, London, SW1X 7HH, UK, and www.iccbooks.com.

Incoterms® 2020 rules came into force on 1 January 2020, and updated the Incoterms® 2010 rules to reflect changes to the market over the last decade. For the FAS Incoterm valid up until that date, see Practice Note: Incoterms® 2010 Rules—FAS Free alongside ship.

FAS (insert named port of shipment) Incoterms® 2010

$1

Explanatory notes for users

1. Delivery and risk

‘Free Alongside Ship’ means that the seller delivers the goods to the buyer

  1. when the goods are placed alongside the ship (eg on a quay or a barge)

  2. nominated by the buyer

  3. at the named port of shipment

  4. or when the seller procures goods already so delivered.

The risk of loss of or damage to the goods transfers when the goods are alongside the ship, and the buyer bears all costs from that moment onwards.

$1

$1

2. Mode of transport

This rule is to be used only for sea or inland waterway transport where the parties intend to deliver the