FOB term: whether charter booking is made by the buyer or the seller

FOB is mainly **goods** does not include shipping or air transportation costs, booking by the buyer or the seller can be booked, generally the buyer informs the seller which shipping company to use, or freight forwarder, the seller arranges the booking when the goods are good.

Free on board is also known as "fob". One of the most international terms. The seller completes delivery when the goods cross the ship's side at the named port of shipment.

This means that the buyer must bear all risk of loss of or damage to the goods from that point onwards. In addition, the seller must go through the formalities related to the export of the goods. This term applies only to sea or inland waterway transport.

Extended Material: International Trade Classification.

According to the direction of the movement of goods, the international ** can be divided into.

1. Import trade: Introduce goods or services from other countries into the market of that country for sale.

2. Export trade: export the country's goods or services to other countries' markets for sale.

3. Transit trade: The goods of country A are transported to the market of country B through the territory of country C, which is transit for country C. Due to the international obstructive effect of transit**, WTO member countries do not engage in transit between each other**.

Import** and export** are for both sides of each transaction, for the seller, it is the export**, and for the buyer, it is the import**. In addition, when goods imported into the country are re-exported, they become re-exported; When goods exported abroad are re-imported into the country, it is called re-import.

According to the form of the commodity, the international ** can be divided into.

1. Visible trade: the import and export of commodities in physical form. For example, machinery, equipment, furniture, etc. are all commodities in physical form, and the import and export of these goods are called tangible**.

2. Invisible trade: the import and export of technology and services without physical form. The transfer of patent use rights, tourism, and cross-border services provided by financial and insurance companies are all commodities without physical form, and their import and export are called intangibles.

According to the relationship between the producing country and the consumer country in the international ** (whether there is a third country to participate) can be divided into:

1. Direct trade: refers to the act of buying and selling commodities between commodity producing countries and commodity consuming countries without passing through third countries. ** is referred to as direct export on the part of the exporting country and direct import on the part of the importing country.

2 indirect trade and transit trade: refers to the act of buying and selling commodities between commodity producing countries and commodity consuming countries through third countries, the producing countries in indirect ** are called indirect exporters, and the consumer countries are called indirect importers, while the third country is a re-export country, and the third country is engaged in re-exporting.

According to the content of **, it is divided into:

Service**, Processing**, Commodity**, General**.

In FOB, the customer generally designates the shipping company or freight forwarder, and then the shipper contacts the designated freight forwarder to apply for booking, and the booking application form takes effect only after the customer's consent.

FOB is also known as FOB.

It is all the ** of the goods before the offshore, plus the domestic freight.

and some associated costs.

There are some contents of charter booking that are only available in CIF prices.

Under FOB conditions, the seller can accept the buyer's entrustment to award the charter booking procedure. (Digging Envy and Harassing the Emperor).

a.That's right. b.Mistake.

Correct Answer: a

Under FOB conditions, the seller entrusts the buyer to charter and book the space, and who bears the responsibility and risk if the space cannot be booked.

Determined by the buyer.

Buyer's Obligations. 1) Obtain an import license or other officially approved documents at your own risk and expense. Handle all customs formalities for the import of goods and transit through other countries, and pay the relevant fees and transit fees, when customs formalities are required;

2) Responsible for chartering or booking, paying freight, and giving sufficient notice to the seller about the name of the vessel, the place of loading and the required delivery time;

3) Bear all the costs and risks of the goods after they are loaded onto the ship at the port of shipment;

4) Accept the relevant documents provided by the seller, receive the goods, and pay the price according to the contract.

The term FOB** refers to the seller's delivery on board the ship at the port of shipment and is responsible for export formalities such as export declaration, and the buyer is responsible for chartering and booking.

The ship owner generally refers to the carrier, that is, the owner or operator of the ship carrying the goods, and the ship owner accepts the entrustment of the consignor or shipper to deliver the goods to the designated port and collects transportation costs.

So, how can you confuse the shipowner with the seller? These are two parties with different roles.

Shipper can be additional.

For example, if you are a manufacturer but do not have the right to self-export, what should you do?

Do you use **company** to export? The customs documents for export reporting should be consistent, so the shipper ship at that time was different from the real seller, you?

This actually has nothing to do with FOB**.

The FOB disembarker and the seller are not the same person, the ship party is the carrier designated by the buyer, and the seller is the party of the ** goods, which are two completely different related parties.

The FOB clause means that the exporter's fees are paid at the offshore port, and the sea freight is borne by the importer. **The terms do not stipulate who will book the space, so in practice, there are often cases where the exporter makes a booking under the FOB clause.

Under the FOB clause, if the importer has a designated freight forwarder, it will book space through the domestic freight forwarder. If not, the exporter will generally book the space on behalf of the exporter.

Similarly, under the CIF transaction conditions, sometimes the importer will often appoint a freight forwarder for the convenience of picking up the goods, and the sea freight and premium are still borne by the exporter, which is usually higher under this condition.

The full English name of FBO is Fixed Base Operator, which means fixed base operator. There is no clear definition of FBO in China recently, but the industry generally defines it as: FBO is a comprehensive general aviation service company located at the airport for small aircraft in addition to flight flights, especially business jets and private jets, such as refueling, maintenance, and passengers.