Delivered Ex Quay definition

Delivered Ex Quay means that the seller delivers when the goods are placed at the disposal of the buyer not cleared for import on the quay (wharf) at the named port of destination. The seller has to bear costs and risks involved in bringing the goods to the named port of destination and discharging the goods on the quay. The DEQ term requires the buyer to clear the goods for import and to pay for all formalities, duties, taxes and other charges upon import.
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Delivered Ex Quay means that the seller delivers when the goods are placed at the disposal of the buyer not cleared for import on the quay (wharf) at the named port of destination.
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Delivered Ex Quay means that the seller fulfils his obligation to deliver when he has made the goods available to the buyer on the quay (wharf) at the named port of destination.
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Examples of Delivered Ex Quay in a sentence

  • DAF (Delivered at Frontier), DES (Delivered Ex Ship), DEQ (Delivered Ex Quay) and DDU (Delivered Duty Unpaid) have been eliminated and replaced by two new clauses, whereas the re- maining nine clauses of the INCOTERMS 2000 continue to exist.

  • In this hypothetical scenario, theaverage MACE rate would be 5.5%.

  • Similarly DEQ (Delivered Ex Quay) can only be used when it is clearly specified that the duties payable upon import of the goods must not be included in the bidder‟s price as this Incoterm allows the possibility of including such costs.

  • This version consolidated the D-family of rules, removing DAF (Delivered at Frontier), DES (Delivered Ex Ship), DEQ (Delivered Ex Quay) and DDU (Delivered Duty Unpaid) and adding DAT (Delivered at Terminal) and DAP (Delivered at Place).

  • The INCOTERMS - a set of international commercial terms commonly used in the transport sector - do not only determine where the merchandise should be delivered (Ex Works, Free Carrier, Free Alongside Ship, Free On Board, Delivered Ex Ship) or who should pay the customs duties (Delivered Ex Quay, Delivered Duty Unpaid, Delivered Duty Paid) and costs (Cost and Freight, Cost Insurance and Freight, Carriage and Insurance Paid to, Delivered at Frontier).

  • DES can only be used for sea transportation.183 DEQ - Delivered Ex Quay (…named port of destination) - The seller should sign transport agreement and put the goods at the buyer's disposal on the quay at the agreed port of delivery.

  • Guidelines and Consensus Documents originating with the ISHLT should reflect the core missions of ISHLT.

  • Group D - Arrival:DAF - Delivered At Frontier (named place) DES - Delivered Ex Ship (named port) DEQ - Delivered Ex Quay (named port)DDU - Delivered Duty Unpaid (named destination place) DDP - Delivered Duty Paid (named destination place)For a given term, “Yes” indicates that the seller has the responsibility to provide the service included in the price.

  • They may be written with periods (e.g. F.O.B. and c.i.f.).In international trade, it would be best for exporters to refrain, wherever possible, from dealing in trade terms that would hold the seller responsible for the import customs clearance and/or payment of import customs duties and taxes and/or other costs and risks at the buyer's end, for example the trade terms DEQ (Delivered Ex Quay) and DDP(Delivered Duty Paid).

  • Cost and Freight.ANS: BFree Alongside Ship, Cost and Freight, and Delivered Ex Quay all require the exporter to clear the merchandise for export.

Related to Delivered Ex Quay

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