Guidance on the FAS (Free Alongside Ship) Incoterm under Incoterms® 2020 Rules

Published by a UUֱ Commercial expert
Practice notes

Guidance on the FAS (Free Alongside Ship) Incoterm under Incoterms® 2020 Rules

Published by a UUֱ Commercial expert

Practice notes
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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, 33-43 avenue du Président Wilson, 75116 Paris, France and from ICC United Kingdom, 1st Floor, 1-3 Staple Inn London, WC1V 7QH, United Kingdom, and www.iccwbo.org.

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 [Archived].

FAS (insert named port of shipment) Incoterms® 2010

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

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Jurisdiction(s):
United Kingdom
Key definition:
Incoterms definition
What does Incoterms mean?

An abbreviation of 'International Commercial Terms'—a set of globally recognised terms and conditions used in international, and sometimes domestic, contracts for the sale and purchase of goods.

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