INCOTERMS
FREE ALONGSIDE SHIP (FAS) [insert named port of loading]
RISK
The Seller delivers the goods by placing them alongside the vessel (e.g. on a quay or barge) nominated by the Buyer at a named port of loading.
The risk of loss of/or damage to the goods transfers when the goods are alongside the vessel.
INSURANCE
Buyer should take out insurance from the time when the goods are made available to the first carrier.
Buyer should take out insurance from the time when the goods are delivered by the Seller at an agreed upon place.