DELIVERED EX QUAY

By SovConn | June 30, 2014

delivered ex quay.A mercantile-contract term allocating the rights and duties of the buyer and

the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must (1)

clear the goods for export, (2) bear the costs of transportation to the port named by the importing

buyer, and (3) place the goods alongside the ship in the port of destination. • The seller’s delivery

is  complete  (and  the  risk  of  loss  passes  to  the  buyer)  when  the  goods  are  unloaded  in  the

destination port. This term is used only when goods are transported by sea or inland waterway. —

Abbr. DEQ. Cf. DELIVERED EX SHIP ; FREE ALONGSIDE SHIP. [Blacks Law 8th]

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