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 …

Dec 23, 2025 · Learn what free on board (FOB) means, when ownership, risk, and shipping costs transfer between buyer and seller, and who’s liable at each stage.

Jul 1, 2024 · FOB stands for “Free On Board” or “Freight On Board.” This term is used to indicate when liability and ownership of goods is transferred from a seller to a buyer.

Feb 13, 2025 · Learn what FOB (Freight on Board) means, how it impacts your shipping costs, and why it’s crucial for your logistics strategy.

Apr 9, 2025 · FOB, or Free on Board, is an Incoterm that defines the exact moment when risk and responsibility shift from the seller to the buyer—when the goods are loaded onto the shipping vessel …

Jan 1, 2025 · What is FOB shipping, how does it differ from other incoterms, and when should you use it? Find out everything you need to know in this guide.

Free on Board (FOB) is a trade term and Incoterms rule that determines who is responsible for the goods being transported at which point in that process.

Dec 10, 2025 · The FOB Incoterm is exclusively used for maritime transport or inland waterways and remains unchanged in the Incoterms 2020. Under FOB, the seller must load the goods on board the …

Oct 5, 2023 · Let’s break it down: FOB shipping is one of the 11 Incoterms® rules set by the International Chamber of Commerce. Here, the seller delivers the goods onto the vessel at the port …

May 31, 2025 · What is FOB? FOB is an acronym for Free on Board, and indicates whether the supplier or the customer will pay shipping expenses. Also, the type of FOB shows which party takes legal …