Define: Delivered Ex Ship

Delivered Ex Ship
Delivered Ex Ship
Quick Summary of Delivered Ex Ship

Delivered Ex Ship (DES) is a business contract term for the purchase and sale of goods. It signifies that the seller is accountable for delivering the goods to the buyer’s designated port of arrival, while the buyer is responsible for unloading the goods and covering any import duties. The seller’s obligation concludes upon the goods’ arrival at the port, and the buyer assumes the risk of any potential damage or loss. This term exclusively applies to goods transported via sea or inland waterway.

Full Definition Of Delivered Ex Ship

“Delivered ex ship” is a term used in business contracts to define the responsibilities of the buyer and seller in terms of delivery, payment, and risk of loss of goods. The seller is accountable for clearing the goods for export and covering transportation costs to the destination port. Delivery is deemed complete when the seller’s carrier arrives at the destination port, and the risk of loss transfers to the buyer. This term is specifically for goods transported by sea or inland waterway. For example, if a company in China sells 1000 units of a product to a company in the United States with “delivered ex ship” as the delivery terms, the Chinese company is responsible for clearing the goods for export and paying for transportation costs to the US port. Once the goods arrive at the port, the delivery is complete, and the risk of loss transfers to the US company. This example demonstrates how “delivered ex ship” outlines the responsibilities of the buyer and seller in a business contract, with the Chinese company handling export clearance and transportation costs, and the US company responsible for unloading the goods and paying any import duties.

Delivered Ex Ship FAQ'S

Delivered Ex Ship is an international trade term that indicates the seller’s responsibility for delivering goods to the buyer at the named port of destination. The seller bears all risks and costs until the goods are unloaded from the ship.

Under DES, the seller is responsible for arranging and paying for the main carriage of goods to the named port of destination. This includes all costs and risks associated with transporting the goods by sea.

The buyer’s responsibilities under DES include receiving the goods at the named port of destination and bearing all costs and risks from the point of delivery. This includes customs clearance, import duties, and any additional charges incurred after the goods are unloaded from the ship.

No, the buyer does not have the freedom to choose the carrier or the route of transportation under DES. It is the seller’s responsibility to select the carrier and arrange for the transportation of goods to the named port of destination.

If the goods are damaged or lost during transportation under DES, the seller bears the risk and is responsible for any resulting loss. The buyer should notify the seller immediately and provide all necessary documentation to support a claim for compensation.

No, insurance costs are not included in the DES contract. It is the buyer’s responsibility to arrange for insurance coverage to protect the goods during transportation. However, the seller may be able to assist the buyer in obtaining insurance if requested.

Yes, the buyer has the right to inspect the goods before accepting delivery under DES. It is recommended to conduct a thorough inspection to ensure the goods are in the agreed-upon condition and quantity. Any discrepancies or damages should be documented and reported to the seller.

If the buyer fails to take delivery of the goods at the named port of destination, they may be in breach of the contract. The seller may have the right to claim damages or seek alternative arrangements for the goods. It is important for both parties to communicate and resolve any issues promptly.

Yes, the buyer can request a change in the destination port under DES, but it requires the seller’s agreement. Any changes to the named port of destination should be mutually agreed upon and documented in an amendment to the contract.

If a dispute arises regarding DES, the parties should first attempt to resolve it through negotiation or alternative dispute resolution methods, such as mediation or arbitration. If these methods fail, legal remedies may be pursued through the courts or other applicable dispute resolution mechanisms as specified in the contract or governed by the applicable laws.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 16th April 2024.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

  • Page URL:https://dlssolicitors.com/define/delivered-ex-ship/
  • Modern Language Association (MLA):Delivered Ex Ship. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/delivered-ex-ship/.
  • Chicago Manual of Style (CMS):Delivered Ex Ship. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/delivered-ex-ship/ (accessed: May 09 2024).
  • American Psychological Association (APA):Delivered Ex Ship. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/delivered-ex-ship/
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Define: Delivered Ex Ship

Delivered Ex Ship
Delivered Ex Ship
Quick Summary of Delivered Ex Ship

Delivered Ex Ship (DES) is a business contract term for the purchase and sale of goods. It signifies that the seller is accountable for delivering the goods to the buyer’s designated port of arrival, while the buyer is responsible for unloading the goods and covering any import duties. The seller’s obligation concludes upon the goods’ arrival at the port, and the buyer assumes the risk of any potential damage or loss. This term exclusively applies to goods transported via sea or inland waterway.

Full Definition Of Delivered Ex Ship

“Delivered ex ship” is a term used in business contracts to define the responsibilities of the buyer and seller in terms of delivery, payment, and risk of loss of goods. The seller is accountable for clearing the goods for export and covering transportation costs to the destination port. Delivery is deemed complete when the seller’s carrier arrives at the destination port, and the risk of loss transfers to the buyer. This term is specifically for goods transported by sea or inland waterway. For example, if a company in China sells 1000 units of a product to a company in the United States with “delivered ex ship” as the delivery terms, the Chinese company is responsible for clearing the goods for export and paying for transportation costs to the US port. Once the goods arrive at the port, the delivery is complete, and the risk of loss transfers to the US company. This example demonstrates how “delivered ex ship” outlines the responsibilities of the buyer and seller in a business contract, with the Chinese company handling export clearance and transportation costs, and the US company responsible for unloading the goods and paying any import duties.

Related Phrases
No related content found.
Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 16th April 2024.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

  • Page URL:https://dlssolicitors.com/define/delivered-ex-ship/
  • Modern Language Association (MLA):Delivered Ex Ship. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/delivered-ex-ship/.
  • Chicago Manual of Style (CMS):Delivered Ex Ship. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/delivered-ex-ship/ (accessed: May 09 2024).
  • American Psychological Association (APA):Delivered Ex Ship. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/delivered-ex-ship/
Avatar of DLS Solicitors
DLS Solicitors : Divorce Solicitors

Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.

All author posts