Glossary

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F

• FAS

  Free Alongside Ship. Goods must be placed by the shipper within reach of the ship's tackle.

• FCL

  CURSORFull Container Load.

• FIO

  Free In and Out. Sea carriage not including the handling costs for loading and unloading.

• FOB

  Free On Board. All costs of handling goods until loaded on board are paid by the shipper.

• Forwarding agent / Freight forwarder

  A forwarding agent plays a major role in foreign trade and in the transport sequence, in which he acts either as an authorised agent or as a freight forwarder. As authorised agent, he acts on behalf of the shipper at loading, and of the consignee at discharge, in accordance with specific instructions from both. In this capacity, he is subject to the laws governing mandates, and is therefore only liable if he has committed a breach of duty. As forwarding agent, he is solely responsible for the carriage throughout and, as such, has full control of operations and may take any step he sees fit. Since he is liable for the outcome of his undertaking, he carries responsibility for the carriage and may be liable even if he made no error of judgement.

• Freycinet

  The Dunkirk quays in the various commercial docks. Named after a Minister of Public Works.