Incoterms 2024 Fob Shipping. Fob shipping is one of the 11 incoterms® rules set by the international chamber of commerce. Cfr stipulates that the seller covers the.
Fob incoterms, or “free on board incoterms,” is one of the most commonly used international shipping terms, known as incoterms, which were established by the international chamber of commerce (icc). These terms clarify who pays for shipping, insurance, and customs duties, and at what point the risk of goods transfer between the two parties.