Delivered to the side of the vessel and ready to be loaded.
Free Alongside Ship. A delivery term under which the seller provides his goods alongside a named vessel at a named port. Refer to INCOTERMS for standard definition.
The term f.a.s. must be qualified by a named port. The seller is liable for all charges and risks until the goods sold are delivered alongside a vessel at such port or are delivered to the port on a dock which will by used by the vessel. Title passes to the buyer when the seller has secured a clean dock or ship's receipt for the goods.
An abbreviation (for "free alongside") used in international trade statistics and t sales contracts; a method of valuing traded goods that does not include the cost of shipment from the exporting to the importing country.
"Free Alongside (vessel)" is a pricing term indicating that the quoted price includes the cost of delivering the goods alongside a designated vessel.
Free Alongside Steamer (see Terms of Sale)
Free alongside ship. includes all charges (including wharfage and porterage) up to but not including hoisting on board.
"free along side."
A term of sale meaning "free alongside ship". The seller is responsible for the goods and all charges until the goods are delivered alongside the overseas vessel to await loading.
Free Along Side. A basis of pricing meaning the price of goods alongside a transport vessel at a specified location. The buyer is responsible for loading the goods onto the transport vessel and paying all the cost of shipping beyond that location.