Incoterms FOB
What does the Incoterms FOB mean?
Incoterms FOB:
FOB is the abbreviation for free on board, which can be translated as Free on Board. FOB is specific to goods transported by sea, such as the provisions that it is the seller’s responsibility to load the goods in question onto a vessel chosen by the buyer, the seller is also obliged to bear all costs and risks until the goods are landed on board the vessel and once the goods have to be loaded, all costs and risks are transferred to the buyer.
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I commissioned the Agentur Frisch to have a larger piece of furniture produced in China and then to transfer it to Germany. Communication via email was smooth the whole time! Very quick and reliable answers constantly gave me the security that is essential in such an undertaking. I was helped through the bureaucratic jungle at all times and no forms were forgotten or filled out incorrectly. Very commendable!
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