What does FOB mean exactly?

Asked Dec 3, 2016· 1 answer
Faisal KhanAnswered Dec 3, 2016
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.


Source: Wikipedia: FOB (shipping)
Incoterms
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