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FOB Free on Board: The Leap of Faith

FOB Free on Board is a shipping incoterm with the features of Named Place Requirement: Port of Shipment. Think of a daring leap from a pier onto a waiting ship. That’s the spirit of FOB, where the seller’s obligation ends when the goods pass the ship’s rail at the agreed port of shipment. This term, dating back to British maritime law, is one of the oldest and most commonly used Incoterms. It’s a testament to the enduring influence of seafaring on global trade.

판매자의 의무:

Deliver the goods on board the vessel at the named port of shipment.

수출을 위해 상품을 통관합니다.

구매자의 의무:

Arrange and pay for sea freight.

수입을 위해 상품을 통관하고 관세를 납부합니다.

읽기 FOB term in Wikipedia 또는 문의하기 에서 화물 예약 및 최신 가격을 확인하세요.

FOB Free On Board, shipping point and destination

FOB instance:

When it comes to importing goods from China, you will find a shipping price offered by a forwarder in China is always based on a specific incoterm and a city. Like below:

FOB Shenzhen Port

You book shipping space loading at Shenzhen Port

Your supplier handles the inland delivery to Shenzhen Port

Your supplier handles Customs export declaration

Your supplier pays all cost at the Shenzhen Port until departure

You pay the shipping cost to get the B/L

You pay all cost after the cargo leaves

As an importer, you need to pay sea freight charges, destination port charges, Customs, VAT, tariffs and duties and inland transportation to your door or warehouse.


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