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Free On Board
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∙ 12y ago
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What does shipping terms FOB NINGO mean?
FOB means "Free on Board." It requires the purchaser to pay freight from wherever it says after "FOB." Ningo is an area in Ghana. So...FOB NINGO means you have to pay the freight bill from the shipper in Ningo, Ghana, to your loading dock.
What is FOB in business terms?
Free On Board
What do CIF and FOB mean in shipping terms?
These are global shipping terms which are used in international trade:CIF means Cost Insurance and Freight. That means the shipper/trader has to pay the cost of shipment up to the ship, insurance cost for the cargo, and freight cost up to destination port.FOB stands for Free On Board which means the shipper/trader pays only costs up to the ship and the insurance cost, but freight charges are paid by the Buyer/Consignee.(Colloquially, FOB is often stated to mean "freight on board." However this can actually be confusing and should be avoided as it is not conforming with specified terminology of the UCC.)_____CIF and FOB are governed by the International Chamber of Commerce governing how shipments are billed. The terms are complicated by the fact that the terms are applied differently in different regions.Previously, in North America, under the Uniform Commercial Code (UCC), both "FOB origin" and "FOB destination" left the seller responsible for paying costs of loading goods on board the carrier; hence "free on board." When the buyer was responsible for loading costs as well, the UCC term was "FAS," "free alongside."Currently, the UCC has removed FOB and FAS, leaving the definition of these terms up to the interpretation of the parties or the applicable state's law. Many states have wholly or in part adopted the UCC terms without realizing that the UCC has abandoned the definitions.A related but separate term "CAP" ("customer-arranged pickup") is used to denote that the buyer will arrange a carrier of their choice to pick the goods up at the seller's premises, and the liability for any damage or loss belongs to the buyer.
Full form of FOB?
FOB :- Free on Board
What is the meaning of FOB in garment industries?
the meaning of FOB is freaking obese babies
What does FOR mean in shipping terms?
FOR? or do you mean FOB?
What are cif and fob terms?
FOB and CIF are INCOTERMS or international commercials terms (terms of sale).
Who pays FOB?
IN TERMS OF FOB, Who pay pre -carriage? answer: seller
What are ENCO terms for export?
The ENCO terms are CIF and FOB
What does shipping terms FOB NINGO mean?
FOB means "Free on Board." It requires the purchaser to pay freight from wherever it says after "FOB." Ningo is an area in Ghana. So...FOB NINGO means you have to pay the freight bill from the shipper in Ningo, Ghana, to your loading dock.
What is FOB in business terms?
Free On Board
Who will pay dead freight on fob terms?
The carrier
You are shipping an order by ocean to India freight collect what are my FOB terms?
They are the the freight on board terms
What does fob apache mean?
A FOB is a Forward Operating Base. FOB Apache is in Southern Afghanistan, near Qalat.
What does it mean when it say the key fob 2 battery is low?
Time for a new battery in the fob.
What does FOB Riga mean?
FOB is an acronym for Free On Board. The meaning is that the buyer pays for the transport of materials.
What does homo-fob mean?
Your scared of homosexuality
