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    <title>FOB Incoterm: An Introduction</title>
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    <description>FOB (Free On Board) fixes delivery and the shift of liability at the moment goods are loaded onto the buyer nominated vessel at the named port of shipment: the seller must present goods, clear exports, load them and provide documents, bearing costs and risk until loading; the buyer assumes risk and the costs of main carriage, marine insurance, import clearance and onward transport from that point. FOB applies to sea or inland waterway port to port shipments and requires a clearly named port of shipment.</description>
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