What do you mean FOB Hong Kong?

FOB Hong Kong is a shipping term that stands for "Free on Board (named port of shipment)." It means that the seller loads the goods onto a ship at the port of Hong Kong and pays all the costs associated with the loading and transportation to that port. However, the buyer is responsible for all the costs and risks of the goods from the moment they are loaded onto the ship. This includes the cost of insuring the goods, as well as any potential damage or loss that may occur during transit.

FOB Hong Kong is a common shipping term used in international trade, and it can be used with any type of goods. It is important to note, however, that the specific rights and responsibilities of the seller and buyer may vary depending on the specific contract between the parties.