FAS or “Free Alongside Ship” Incoterm is exclusive to shipping. FAS states that the seller must deliver the goods alongside the ship, at the port dock. Under FAS Incoterm, the seller is responsible for the cost and risk until the goods have been placed at the dock, including the goods being cleared for export. From this point on the buyer becomes responsible for the cost and risk of shipping.
This represents a complete change of the Incoterms previous to INCO 2000 where the buyer would have been required to complete the customs clearance obligations.
Delivery of goods and documents required
Packaging and wrapping
Inland transport in the country of origin
Customs at origin
Cost of the goods
Customs on arrival
Inland transport at the destination country
Payment of fees