FOB – FREE ON BOARD (... NAMED PORT OF SHIPMENT)

Duties of seller

• Deliver the goods on board
• Procure for the buyer at the expense of the seller the usual document (usually a “clean“, transferable bill of lading) proving delivery of the goods on board
• Pay loading costs not included in the freight
• Clear the goods for export

Duties of buyer

• Nominate the carrier
• Contract for carriage
• Pay all costs connected to the goods once they have passed the ship’s rail at the port of shipment

Documents
Documents required:

• Commercial invoice
• Customs certification
• Export licence if necessary
• Proof of delivery

Additional documents:

• Documents needed for import or transit clearance