FOB Trade Terms
Apr. 02, 2019
Tianjin Xinyue Steel Pipe is sold all over the world, making a strong contribution to the world's infrastructure, bridges, offshore construction and oil pipeline transportation. And steel pipe export can not be separated from shipping, can not be separated from FOB trade, now give you a general idea of what FOB terms.
1.FOB Liner Terms
This distortion means that the cost of shipment is handled in accordance with the liner's practice, i.e. it is borne by the ship or the buyer. Therefore, with this deformation, the seller will not bear the costs associated with shipment.
2. FOB Under Tackle
The seller shall bear the cost of delivering the goods to the place where the hook of the vessel designated by the buyer can reach, and the buyer shall bear the cost of hoisting into the hold and other expenses.
3. FOB Stowed
It means that the seller is responsible for loading the goods into the hold and for the cost of loading, including the handling fee. Cargo handling fee refers to the cost of resettlement and consolidation after cargo holds.
4. FOB Trimmed
It means that the seller is responsible for loading the goods into the hold and for the cost of loading, including the flat fare. Flat fare refers to the cost of leveling bulk cargo loaded into the hold.
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Written by Serena