fob

Will the container industry ever forget FOB – Free On Board

by Categories Education, Incoterms®, Opinion, Shipping, Shipping Jargon, Shipping Knowledge, Trade Tags , , , , 26 Comments Estimated reading time = 5 minutes
FOB - Free on Board - Shipping and Freight Resource

I can visualise a few raised eyebrows to the question “Will the container industry ever forget FOB”..

Especially since FOB has been and still seems to be an integral part of container shipping industry on many fronts..

It has been an industry standard, part of the furniture, sort of a boilerplate, an established term in the industry..

So what changed and why this question..??

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A question of FOB and container detention

by Categories Questions and Answers, Shipping Knowledge Tags , , , 15 Comments Estimated reading time = 1 minute
featured image for reader question

Buyer booked his cargo with a container shipping company and took containers from them with 10 days of free time. The seller stuffed the cargo inside containers in 12 days, now there is a detention for 2 days for containers.

Term of contract is FOB, but seller did not mention in the contract that he will stuff the cargo inside container in less than 10 days.

Who should pay the detention of containers ?

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