FAQ (Frequently asked questions)
часто задаваемые вопросы
FOB, "Free On Board", is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer
Under the Incoterms 2010 standard published by the International Chamber of Commerce, FOB is only used in non-containerized sea freight or inland waterway transport.
FOB terms do not define the transfer of ownership of the goods. Ownership of the cargo is independent of Incoterms.
In international trade, ownership of the cargo is defined by the bill of lading or waybill.
Under the Incoterms 2010 standard published by the International Chamber of Commerce, FOB is only used in sea freight and stands for "Free On Board", and always used in conjunction with a port of loading.Indicating "FOB port" means that the seller pays for transportation of the goods to the port of shipment, plus loading costs. The buyer pays cost of marine freight transport, insurance, unloading, and transportation from the arrival port to the final destination. The passing of risks occurs when the goods are loaded on board at the port of shipment.
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Our online catalogue provides the most popular offers from Chinese factories. However, the range of their production is not limited to the one offered on our website.
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