FAS

The term means that the seller is considered to have fulfilled his obligation to deliver whenproductit is placed along the side of the vessel nominated by the buyer (i.e. on the berth or barge agreed in the contract) in the agreed port of shipment.Riskthe loss or damage of the goods passes when the goods are located along the side of the vessel, and from that moment the buyer bears all costs.

This term is to be used only for sea and inland waterway transport.