MLchartDataset catalogue

Free alongside FAS

Term · Insurance and risk management · MLC-T-INS-001589

An Incoterm specifying that a seller fulfills their delivery obligation when goods are placed alongside the buyer's designated vessel at the named port of shipment. Under Free Alongside Ship (FAS) terms, the seller is responsible for all costs and risks until that point, including export clearance. The buyer assumes responsibility for the costs and risks of loss or damage from the moment the goods are alongside the ship, including loading charges and ocean freight.

Table 1. Record
IdentifierMLC-T-INS-001589
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001589",
  "term": "Free alongside FAS",
  "field": "Insurance and risk management",
  "definition": "An Incoterm specifying that a seller fulfills their delivery obligation when goods are placed alongside the buyer's designated vessel at the named port of shipment. Under Free Alongside Ship (FAS) terms, the seller is responsible for all costs and risks until that point, including export clearance. The buyer assumes responsibility for the costs and risks of loss or damage from the moment the goods are alongside the ship, including loading charges and ocean freight.",
  "url": "https://mlchart.com/terminology/insurance/free-alongside-fas/"
}

Record 1,490 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.