The seller must place the goods alongside the ship in the said port. If the goods are in a container, the seller usually transfers the goods to a terminal and not alongside a ship. In such situations, the FAS rule may not be appropriate and the FCA rule could be better used. This term is usually used for bulk or bulk cargo. FAS is a maritime condition.
The seller must deliver the goods alongside the ship specifically mentioned by the buyer, at the loading point in the agreed shipping port and in a manner that is customary for that port.
The risk of damage during transport is at the buyer's expense from delivery. Before delivery, the seller is at risk.
The cost of transport is borne by the buyer from delivery. Parties are strongly advised to indicate as clearly as possible the point of loading in the agreed port of shipment, as the THC (Terminal Handling Charges) for this point is on behalf of the seller.
The seller takes care of all customs formalities resulting from the export. His account is also the resulting costs, duties and charges. Customs formalities, costs, duties and charges shall be borne by the purchaser on importation into the country of destination.
Neither party is obliged to take out insurance for the goods.
Addition place of delivery
The delivery condition should always be added where the transfer of the goods takes place. At FAS, this is indicated with: ... named port of shipment (... agreed shipment port).