„FOB (Free On Board ... named port of shipment)“

The seller fulfils his obligation to deliver when the goods have passed over the ship’s rail at the named port of shipment. The buyer has to bear all costs and risks of loss or damage to the goods from that point.

Source:

Schmitthoff, Clive M. “Export Trade: The Law and Practice of International Trade.” Sweet & Maxwell, 12th Edition, London, 2012.