What are the FOB seller's main obligations?
FOB Seller's main obligations
A. The Seller is responsible for delivering the contracted goods to the vessel nominated by the Buyer at the named port of shipment within the date or period stipulated in the FOB contract in accordance with the usual manner at the port and giving the Buyer sufficient shipping advice.
B. Be responsible for obtaining an export license or other approval certificates (commodity inspection certificate, certificate of origin, etc.) to handle export procedures (customs declaration, export warehousing, etc.).
C. Bear all costs and risks of the goods up to the time when they pass the ship's rail at the port of shipment (actually up to the time when they reach the hold of the ship).
D. Provide commercial invoices and usual documents (on-board ocean bill of lading) evidencing delivery of goods on board.
Points to note in FOB actual business
A. Port of departure indicated in the trade contract: port of departure shall be a seaport or river port (Nantong port, Chongqing port, etc., are inland river ports)
B. In FOB trade, the seller is required to provide a clean on-board bill of lading, and the transfer point of risks and expenses is in the ship's hold designated at the port of shipment.
C. In connection with cargo, the trade contract shall specify who will pay the extra charges such as dead freight, demurrage and storage insurance.
D. Who shall bear the loading charges at the loading port, i.e., who shall pay the THC charges, and who shall pay the sea freight and who shall pay the THC charges according to international trade principles.
E. When signing trade contracts with American customers and other American customers, pay attention to the fact that the customers choose the trade practice of INCOTERMS 1990/2000, which is also the internationally accepted practice, in determining the price terms. Because two conventions interpret the same FOB term differently, the risks, costs, liabilities and obligations of both parties are quite different.
F. Negotiate with the customer that they can only appoint a shipping company or a shipping agency, that the forwarder should be arranged by us, and that the forwarder at the destination port should also be appointed by our forwarder, which can greatly reduce trade risks.
DDPFORWORLD-Professional Amazon FBA shipping freight forwarder in China
Do You Need Freight Forwarders? DDP for World is a full-service and shipping forwarder dedicated to assisting our clients in focusing and growing their businesses.
Our background and experience allows us to advise you on the quickest,
safest, most cost-effective route to get your cargo shipped to Amazon. We take care of all the paper documents. All shipping and palletization will follow Amazon’s packing requirements, save cost and lower the risk for you.
We know Amazon’s regulations and packing & shipping guidelines very well, and keep up with changes as they happen, so we will make sure that your order is packed, labelled and shipped as required to be accepted by Amazon. If you have any questions or needs about us, please feel free to contact us, we will serve you wholeheartedly.
Phone: +86 18682082113
Wechat/Whatsapp: +86 18682082113
Gazprom recently said it had completely suspended gas supplies to Bulgarian Gas company and Polish Oil and Gas Company (PGNiG) because it was not being paid in rubles. Russia said it would resume gas supplies after it agreed to pay for them in ruble…
Molybdenum carbide Mo2C is a new functional material with high melting point and hardness, good thermal and mechanical stability, and good corrosion resistance. It has been widely used in high temperature resistance, friction resistance, chemical cor…