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Trade Knowledge

Trade Terms-DES(DELIVERED EX SHIP)

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DES
DELIVERED EX SHIP(…named port of destination)-- Goods delivered on board the port of destination(the designated port of destination) means that the seller fulfils its obligation to deliver goods on the designated port of destination when the seller provides the buyer with goods not subject to import clearance. The seller must bear all the costs and risks of shipment to the designated port of destination.
The term applies only to sea or inland river transport.

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