Ex-works: The purchaser accepts materials ‘at the
factory gate’ and takes over all responsibility for
transport, documentation, customs clearance,
insurance, risk and so on.
• Free alongside (FAS): Here the supplier moves
materials to a specified ‘port’ and delivers them
‘alongside a ship’. The customer takes over the
loading on a vessel and movement onward.
• Free on board (FOB): This is a variation of FAS, where
the supplier also takes care of the loading onto the
vessel, and then the customer is responsible for
onward transport.