FOB Free on Board

The seller's obligation is fulfilled when the buyer has been notified and the goods have passed over the ship's rail on board the vessel, at the named port. (technically, the seller would be responsible for U.S. Terminal Handling when using this term, so if the seller does not intend to deliver the goods across the ship's rail, the FCA term should be used)

The buyer is responsible for all costs and risks associated with the goods after they have passed over the ship's rail and loaded on board the ship, at the named port.

The buyer is responsible to arrange for the carriage of the goods from the named port of shipment (the main-carriage and on-carriage).

The seller is required to arrange for the export clearance of the goods.

The buyer is responsible to arrange for the import clearance of the goods.