This term replaces the former "FOB named inland port" to designate the seller's responsibility for the cost of loading goods at the named shipping point. It may be used for multimode transport, container stations, and any mode of transport, including air. The seller is responsible for loading goods into the means of transportation; the buyer is responsible for all subsequent expenses. If a port of exportation is named, the costs of transporting the goods to the named port are included in the price.
Service | Who Pays |
---|---|
Warehouse storage at point of origin | Seller |
Warehouse labor at point of origin | Seller |
Export packing | Seller |
Loading at point of origin | Seller |
Inland freight | Buyer |
Port receiving charges | Buyer |
Forwarders fee | Buyer |
Loading on ocean carrier | Buyer |
Ocean/Air freight charges | Buyer |
Charges at foreign Port/Airport | Buyer |
Customs, Duties & Taxes abroad | Buyer |
Delivery charges to final destination | Buyer |
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