DEQ (Delivered Ex Quay)

Delivered Ex Quay (DEQ) is a trade term in Incoterms that means the seller delivers the goods to the buyer at the quay (wharf) at the named port of destination, placing them at the buyer's disposal. The seller bears all risks and costs of bringing the goods to the named port of destination and unloading them at the quay, including ocean freight, insurance, unloading charges, wharfage, and import duties (under Incoterms 2000, the seller is responsible for import clearance and paying duties; however, from Incoterms 2010 onward, DEQ was replaced by DAT, and the obligation for import clearance shifted to the buyer). Usage: suitable for sea or inland waterway transport, especially when the buyer wants to take delivery directly at the quay without handling import clearance. Precautions: the seller must specify the port of destination, the quay, and the cost allocation; if using Incoterms 2010 or 2020, DAT (Delivered at Terminal) or DAP (Delivered at Place) should be used instead. Difference from DES (Delivered Ex Ship): under DES, the seller delivers on board the vessel and the buyer handles unloading; under DEQ, the seller must unload the goods onto the quay. Difference from DDP: under DDP, the seller is responsible for import clearance and duties, whereas under DEQ (Incoterms 2000), although the seller also handles import clearance, the delivery point is at the quay.