DES (delivered ex ship ... named port of destination)
DES DELIVERED EX SHIP
(... named port of destination)
"Delivered Ex Ship" means that the seller delivers when the goods are placed at the disposal of the buyer on board the ship not cleared for import at the named port of destination. The seller has to bear all the costs and risks involved in bringing the goods to the named port of destination before discharging. If the parties wish the seller to bear the costs and risks of discharging the goods, then the DEQ term should be used.
This term can be used only when the goods are to be delivered by sea or inland waterway or multimodal transport on a vessel in the port of destination.
This means that the seller makes the goods available to the buyer in the ship at the destination named in the sales contract. The seller has to bear the full cost and risk involved in bringing the goods there. This INCOTERM can be classified in a group where the seller is responsible for all costs and risks until arrival. It is appropriate for transport by sea or inland waterway.
BLOG COMMENTS POWERED BY DISQUS