Tags: FOB Free Carrier Incoterms Freight AWB Ocean Freight

FOB (Free on Board)

FOB (Free on Board)

FOB is an incoterm, which is appropriate only for ocean shipments that will be delivered straight to the vessel.

FOB (Free on Board) is an incoterm that requires the seller to clear the goods for export, deliver the goods to the ocean vessel, and place the goods on board. Cost and risk transfer from the seller to the buyer once the goods cross the ship’s rail. FOB should only be used for ocean shipments that will be delivered directly from the seller’s premises to the vessel. FCA is a more suitable incoterm for LCL and other containerized shipments that will be delivered to a carrier at a CFS (Container Freight Station) or Container Yard.

Ready to Get Started?

All-forward makes shipping your cargo transparent, reliable, and affordable

Get Started