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FOB

Free on Board

Group F · Main carriage unpaid · Sea & inland waterway only

The seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment, cleared for export. From that moment the buyer bears all cost and risk.

Where risk transfers

When the goods are placed on board the vessel at the named port of shipment.

Seller's cost & riskBuyer's cost & risk

Seller pays

  • Packaging
  • Export clearance
  • Inland carriage to port
  • Loading on board

Buyer pays

  • Ocean freight
  • Insurance
  • Discharge
  • Import clearance and duties

Insurance

No obligation on either side.

Customs

Export clearance: Seller

Import clearance: Buyer

Use it when

Bulk cargo and conventional vessel shipments where the buyer nominates the ship.

Watch out

The most misused rule in world trade. For containers, delivery happens at the terminal days before loading — FCA reflects reality, FOB does not.