Glossary


Terms & Glossaries of Shipping and Trading

DES (Delivered Ex Ship)

Delivered Ex Ship (DES) was an Incoterms term/rule that basically required the seller to fulfill their delivery obligations by delivering the goods to the port specified by the buyer.

What is DES (Delivered Ex Ship)?

Delivered Ex Ship (DES) was an Incoterms term/rule that basically required the seller to fulfill their delivery obligations by delivering the goods to the port specified by the buyer. The seller is responsible for the delivery and bears all risks and costs associated with it from the point of origin up to the port of delivery.