Glossary

Delivered Ex Ship (... named port of destination). In DES, the seller/exporter/manufacturer clears the goods for export is responsible for making them available to the buyer on board the ship at the named port of destination, not cleared for import.
The seller is thus responsible for all costs of getting the goods to the named port of destination prior to unloading.
The DES term is used only for ocean or inland waterway transport or by multimodal transport where the final delivery is made on a vessel at the named port of destination.
All forms of payment are used in DES transactions.