FOB — Free On Board
Seller delivers goods on board the vessel at the named port of shipment (e.g. Port Sudan). Buyer arranges and pays for main carriage, insurance, and import clearance. Best when you have established freight forwarders.
Seller covers
- • Export packing & inland transport
- • Export customs clearance
- • Loading on vessel
Buyer covers
- • Main freight & insurance
- • Import customs clearance
- • Destination port costs
