Delivered Ex-Ship

Delivered Ex-Ship (DES) :

This is an arrival contract and means that the seller makes the goods available to the buyer in the ship at the named port of destination as per sales contract. The seller has to bear the full cost and risk involved in bringing the goods there. The seller's obligation is fulfilled before the Customs border of the foreign country and it is for the buyer to obtain necessary import licence at his own risk and expense.

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