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Free on Board (FOB) is a shipment term indicating the point at which a buyer or seller assumes ownership and liability for goods being transported.
Free On Board (FOB) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, consider "Free Carrier FCA" instead. Seller delivers goods, cleared […]
Incoterms 2020 explained and with real examples. FOB - Free on Board (Port of Shipment) - Incoterms 2020 Explained. By using FOB the seller must clear the goods for export and delivers when the goods pass the ship's rail at the agreed port.
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FOBST，国际贸易FOB术语的一种变形，即FOB stowed and trimmed，包括理舱、平舱费用的装运港船上交货价格。采用这种变形是为解决FOB术语项下装船费用的负担问题。如买卖双方采用FOBST术语，则由卖方承担除须使货物越过装运港船舷之外，还须负担理舱和平舱的费用。
What is the FOB Incoterm (Free On Board) In ocean freight, the FOB Incoterm, or "Free on Board", is an Incoterm that's exclusive to ocean freight shipping.It states that the seller must load the goods onto the ship chosen by the buyer. The seller is also responsible for all costs and risks up until all goods are loaded on board the vessel, at which point the risks are transferred to the ...
In many standard contracts, FOBST (FOB Stowed and Trimmed) is often used in order to indicate that the seller shall bear all shipping costs, including handling fees and flat cabin fees. To put it simply, all costs before shipment are included, but there is no ocean freight. However, in this case, foreign freight forwarders are usually ...
FOB is one of the internationally accepted incoterms, published by the International Chamber of Commerce.It stands for "Free on Board" or "Freight on Board", and it defines shipping terms specific to transit by sea and inland waterways -- it is not applicable to air, rail and road transit.
Explore the list of 2 best FOBST meaning forms based on popularity. Most common FOBST abbreviation full forms updated in August 2018. Suggest. FOBST Abbreviation Meaning. Explore the primary meanings of FOBST abbreviation, including its most popular usage as Free on Board Stowed and Trimming. FOBST Abbreviation Meaning ...
Looking for the definition of FOBST? Find out what is the full meaning of FOBST on Abbreviations.com! 'Free On Board Stowed and Trimmed' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource.