Delivered Ex Ship - DES

Delivered Ex Ship - DES
A trade term requiring the seller to deliver goods to a buyer at an agreed port of arrival. The seller remains responsible for the goods until they are delivered.

Contracts involving international transportation often contain abbreviated trade terms that describe matters. It includes details like the time and place of delivery, payment when the risk of loss shifts from the seller to the buyer, and who pays the costs of freight and insurance.

The most commonly known trade terms are Incoterms. They are published by the International Chamber of Commerce (ICC). Incoterms are often identical in form to domestic terms (such as the American Uniform Commercial Code), but have different meanings. As a result, parties to a contract must expressly indicate the governing law of their terms.

It's important to realize that because this is a legal term, its exact definition is much more complicated and differs by country. It is suggested that you contact an international trade lawyer before using any trade term.


Investment dictionary. . 2012.

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Look at other dictionaries:

  • Delivered Ex Ship — (DES) is an Incoterm. Where goods are delivered ex ship , the passing of risk does not occur until the ship has arrived at the named port of destination and the goods made available for unloading to the buyer. The seller pays the same freight and …   Wikipedia

  • Delivered Ex Ship — Pour les articles homonymes, voir DES. Delivered Ex Ship (DES) est un Incoterm (International Commercial Term). Dans cet incoterm, le vendeur paye le même prix que dans le CIF, mais le transfert de risques n a pas lieu tant que le bateau n est… …   Wikipédia en Français

  • Delivered Ex Ship — ( DES) Seller fulfills the contract obligations when the goods have been made available to the buyer on board a ship at the named port of destination. The seller must bear all costs and risks associated in bringing the goods to the named port of… …   Financial and business terms

  • Delivered Ex Ship — У этого термина существуют и другие значения, см. DES (значения). Области действия терминов Инкотермс. DES (англ.  …   Википедия

  • Delivered ex Ship — Named Port of Destination, ⇡ DES …   Lexikon der Economics

  • Delivered Ex Quay - DEQ — In international trade, a contract specification where the seller must deliver the goods to the wharf at the destination port. Delivered ex quay may be noted as having duty paid or unpaid. If it is marked as paid, the seller is responsible for… …   Investment dictionary

  • DES (Инкотермс) — Области действия терминов Инкотермс. DES (англ. Delivered Ex Ship Поставка с судна) условие договора международной купли продажи, содержащееся в Инкотермс 2000. Продавец считается выполнившим условия договора, когда он предостави …   Википедия

  • Des — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom …   Wikipédia en Français

  • Dès — DES Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom …   Wikipédia en Français

  • DES — steht für: Data Encryption Standard, ein symmetrischer Verschlüsselungsalgorithmus Delivered Ex Ship (dt.: Geliefert ab Schiff), eine internationale Handelsklausel nach den Incoterms Detached Eddy Simulation, ein Verfahren zur numerischen Lösung… …   Deutsch Wikipedia

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