DELIVERED EX SHIP

delivered ex ship.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

clear the goods for export and bear the costs of transportation (apart from unloading charges and

import duties) to the importing nation’s port of destination. • The seller’s delivery is complete (and

the risk  of loss passes to the buyer) when the seller’s carrier arrives at the destination port.  This

term  is  used  only  when  goods  are  transported  by  sea  or  inland  waterway.  —  Abbr.  DES.  Cf.

DELIVERED EX QUAY; FREE ON BOARD. [Blacks Law 8th]