Which shipping terms are exclusively used for sea and inland waterways?

The choice identifying FAS, FOB, CFR, and CIF as shipping terms exclusively used for sea and inland waterways is correct because these terms are specifically designed for maritime transport.

FOB (Free On Board) indicates that the seller delivers goods on board the ship designated by the buyer at the port of shipment; risk and ownership transfer at that point. CFR (Cost and Freight) sets that the seller pays for delivery to the port of destination, but the risk transfers to the buyer once the goods are loaded onto the ship. CIF (Cost, Insurance, and Freight) builds on CFR by requiring the seller to also provide insurance for the goods during transit. FAS (Free Alongside Ship) means the seller has fulfilled their obligation when the goods are placed alongside the ship at the port of export, and the buyer is responsible from that moment.

These terms are recognized in contracts and customs specifically for ocean and inland waterway transportation, as they appropriately address the handling of goods and the responsibilities of parties during maritime transit.

In contrast, the other choices include terms that are either applicable across various modes of transport or are specifically suited for land-based transport, which do not conform to the conditions or requirements of sea or inland waterway shipping. Thus, option