AN EXAMINATION OF THE RELATIONSHIP BETWEEN THE FOB SELLER AND THE CARRYING SHIP IN FOB CONTRACTS FOR CARRIAGE OF GOODS
Keywords:
FOB Seller, FOB Buyer, Contract, Carriage of goodsAbstract
Beyond the expenses incurred on putting goods on board in an FOB Contract lies the duties
and obligations of the parties – FOB Seller, FOB Buyer and Carrier or Carrying Ship in the
bargain of purchase and sale to the point of delivery. The duty/ obligation depends, amongst
others, on the type of the agreement or contract between the parties.This paper discusses the
parties liable before and after the goods have crossed the rail in the event of any damage. To
this extent, the paper examines the point at which a relationship or obligation arises between
an FOB seller and the carrier as well as the implication of such relationship.Also, the paper
reviews the introduction of Rotterdam Rules making clearer the responsibility of the parties.
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Published
2022-12-13
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