The contract term "delivery ex-ship" means that the risk of loss does not pass to the buyer until the goods are properly unloaded from the ship or other carrier.

Question

Quizplus · Accepted Answer

"Delivery ex-ship" is a trade term in which the seller is responsible for delivering the goods to a named port of destination, but the risk of loss does not transfer to the buyer until the goods are unloaded from the ship or other carrier. Therefore, the statement is true.

The Contract Term "Delivery Ex-Ship" Means That the Risk of Loss