Freight Forwarding Glossary

Glossary

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DEQ

Delivered Ex Quay (... named port of destination). In DEQ, the seller/exporter/manufacturer clears the goods for export is responsible for making them available to the buyer on the quay (warf) at the named port of destination, not cleared for import.
The buyer, therefore, assumes all responsibilities for import clearance, duties, and other costs upon import as well as transport to the final destination. This is new for Incoterms 2000.
The DEQ term is used only for shipments of goods arriving at the port of destination by ocean or inland waterway.
All forms of payment are used in DEQ transactions.

See also: INCOTERMS