The total price of the FOB is the summation of product value and other fees including domestic transportation cost (from the warehouse to the terminal), shipping charges, and expected loss. Under this incoterm, we will deliver the goods to customers at the port of loading within the agreed period and the risk is transferred between us and customers during the delivery. In addition, we will bear the risks of damage or loss of the goods until we deliver them to your hands. We also take care of the export formalities. FOB can be used only in case of transportation by sea or inland waterways from port to port.
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