FAS imposes no insurance obligation on either party. This guide explains who should insure voluntarily, which cargo clause to choose, and how to set cover that spans the alongside-vessel handover.
Seven distinct FAS mistakes importers make on Bangladesh shipments, each with a concrete example and a fix, from unnamed delivery points and late vessel nominations to missing insurance and price-only budgeting.
CFR from Bangladesh to Canada: the seller pays freight to your named port, but risk passes to you at loading in Chattogram. Costs, timelines, CARM steps and documents explained.
CFR from Bangladesh to Saudi Arabia: who pays freight, when risk passes, what Jeddah or Dammam arrival costs, and which SABER and customs documents a shipment needs.