Delivered EX Quay (DEQ)

Delivered EX Quay (DEQ) is a shipping term used in international trade, which refers to an agreement between the seller and the buyer. Under a DEQ agreement, the seller is responsible for delivering the goods to a specific port, and the buyer takes ownership and bears the costs and risks associated with the goods from that point onward. The seller is responsible for all costs associated with the delivery of the goods to the port of shipment, including export fees, customs clearance, and terminal handling charges. However, the buyer is responsible for all costs and risks associated with the goods once they are unloaded at the designated port.