Free Alongside Ship

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Free Alongside Ship (FAS)

An Incoterm (FAS) that means the seller is responsible for the cost of transporting and delivering goods alongside a vessel in a port in his or her country. Since the buyer has responsibility for export clearance under FAS, it is not a practical Incoterm for U.S. exports. FAS should be used only for ocean shipments since risk and responsibility shift from seller to buyer when the goods are placed within the reach of the ship's tackle (crane).

Free Alongside Ship

In maritime, international commerce, an agreement between a buyer (importer) and a seller (exporter) in which the seller is responsible for the transportation and risk of the good until it is within reach of the ship's crane, at which point the buyer assumes responsibility for both. That is, the seller does not bear the expense or risk of actually loading the good onto the ship. The buyer is responsible for clearing the good through customs in both the home country and the country of delivery.
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Agricultural producers, school superintendents, principals, board of education members, chapter advisors, teachers, staff members in agricultural education, business people, and others who are helping to advance agricultural education and the FFA may be elected to honorary membership by a majority vote of members present at any regular meeting or convention.
And they're passionate: FFA students took to the streets in May of last year to protest district plans to cut the program.
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Birch Tree, MO, November 13, 2014 --(PR.com)-- Fusion FM KKOP Presents The Living to Serve Network powered by the Missouri FFA Association.