Delivered Ex Quay

GLOSSARY

DEQ (Delivered Ex Quay)

Delivered ex quay (DEQ) was a legal term as defined by the Incoterms, the International Commercial Terms published by the International Chamber of Commerce. These terms, all with three-letter abbreviations, relate to common contractual practices in international trade and are used as standard items to define certain contract terms.

What is DEQ(Delivered Ex Quay)?

Delivered ex quay (DEQ) was a legal term as defined by the Incoterms, the International Commercial Terms published by the International Chamber of Commerce. The "D" (delivered") portion of the Incoterms is onerous to the seller as the seller has to bear all risks and costs until the item is duly delivered as specified. Delivered at terminal (DAT) was defined as a legal term by the Incoterms in 2010. In contrast to DEQ, DAT was available to all transport modes and other terminals (not just quays or wharves). DPU broadens the definition of location. For example, it can include the buyer's premises.

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