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Home > Jargon Explained > Incoterms > DES Delivered Ex Ship
- A named port of destination must be specified
- Term suitable for maritime and inland waterway transport only
- the seller hands over the consignment to the buyer
- on board ship
- uncleared for import
- at the named port of destination
Under DES the seller pays the main freight cost to the named port of destination
The diplomatic missions of both the US and the UK in Turkey separately hailed Ankara for efforts to enable the exports of Ukrainian grain which had been stuck for months due to the ongoing Russia-Ukraine conflict. The first ship carrying ...Read More
Tags: exports
A major international Shipping group expects global container demand to fall this year; they expect sales of durable goods come to a "standstill", leaving flat-screen TVs and furniture piling up in warehouses in the Asia. A increse of consumer demand ...Read More
Tags: container, freight, shipping
The agricultural sector plays a critical role in supplying food and export earnings for devloping countries. Leaders in these countries need to take the newly established European Union (EU) regulations seriously. The European Commission unveiled measures intended to increase the ...Read More
Tags: exports
Exporters and traders of walnuts from Jammu and Kashmir, India's major walnut growing region, have claimed that imports of the premium nut, particularly from Chile, were under-invoiced in order to avoid the 100% import duty imposed to protect local producers. ...Read More
Tags: exports, imports