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.
