„DES (Delivered Ex Ship...named port of destination)“

What does DES (Delivered Ex Ship...named port of destination) stand for?

The seller fulfils his obligation to deliver when the goods have been made available to the buyer on board the ship uncleared for import at the named port of destination. The seller must bear all the costs and risks involved in bringing the goods to the named port of destination.

Source:

Ramberg, Jan. “ICC Guide to Incoterms 2000: Understanding and Practical Use”. International Chamber of Commerce, Paris, 1999.

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