What does "FOB Ningbo" mean?

Answer by  beelady (334)

FOB Ningbo means that the seller will cover costs of getting the goods on the ship at the Chinese port of Ningbo, but the buyer will be responsible for shipping and insurance costs from that point to the destination.

Answer by  WiseTeacher (258)

According to international shipping terminology, FOB means the seller pays for transport of the goods to the city named. Ningbo is a port in the People's Republic of China, so the term means that the seller will pay transport to that city, and the buyer will pay from there onwards.