Editing Incoterms (section)

==={{anchor|Delivered Ex Ship}}DES – Delivered Ex Ship ===

Where goods are delivered ex ship, the passing of risk does not occur until the ship has arrived at the named port of destination and the goods made available for unloading to the buyer. The seller pays the same freight and insurance costs as they would under a CIF arrangement. Unlike CFR and CIF terms, the seller has agreed to bear not just cost, but also Risk and Title up to the arrival of the vessel at the named port. Costs for unloading the goods and any duties, taxes, etc. are for the Buyer. Until 2011,<ref> CFI Education Inc.,[https://corporatefinanceinstitute.com/resources/knowledge/other/delivered-ex-ship-des/ Delivered Ex Ship (DES)], accessed 17 August 2021</ref> DES was a commonly used term in shipping bulk commodities, such as coal, grain, dry chemicals; and where the seller either owned or had chartered their own vessel.