Shipping Terms

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  • 1 Types
August 31, 2024 4 min read Definitions
EXW (Ex Works): Seller's Responsibility Ends at Premises
International Trade Shipping Terms Logistics EXW Incoterms International Trade Shipping Logistics
EXW (Ex Works) is a shipping term used in international trade where the seller's responsibility ends once the goods are made available for pickup at their premises. It places the maximum responsibility on the buyer.
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August 25, 2024 4 min read Definitions
Free Alongside Ship (FAS): Seller's Responsibility for Shipment
International Trade Shipping Terms Incoterms FAS Shipping International Trade Logistics Incoterms 2020
Free Alongside Ship (FAS) is a shipping term used in international trade where the seller's responsibility ends once the goods are placed alongside the vessel. The buyer then assumes all risks and costs from that point forward.
Read more about Free Alongside Ship (FAS): Seller's Responsibility for Shipment.

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