FOB (Free On Board)

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:Incoterm
gptkbp:appliesTo Sea freight
Inland waterway transport
gptkbp:buyerObligation Pay for main carriage, insurance, and other costs after goods are on board
gptkbp:compatibleWith Air freight
Containerized cargo
gptkbp:definedIn gptkb:International_Chamber_of_Commerce
gptkbp:fullName gptkb:Free_On_Board
gptkbp:governingBody gptkb:International_Chamber_of_Commerce
https://www.w3.org/2000/01/rdf-schema#label FOB (Free On Board)
gptkbp:incotermGroup F group
gptkbp:introducedIn 1936
gptkbp:relatedTo CFR (Cost and Freight)
CIF (Cost, Insurance, and Freight)
gptkbp:responsibilityTransfer When goods pass the ship's rail at the port of shipment
gptkbp:riskTransferPoint Port of shipment
gptkbp:sellerObligation Deliver goods on board the vessel
gptkbp:updated 2020
gptkbp:usedBy Exporters
Importers
gptkbp:usedIn International trade
gptkbp:bfsParent gptkb:Free_Carrier_(Incoterm)
gptkbp:bfsLayer 7