Iowa Code 554.2322 – Delivery “ex-ship”
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554.2322 Delivery “”ex-ship””.
1. Unless otherwise agreed a term for delivery of goods “”ex-ship”” (which means from the carrying vessel) or in equivalent language is not restricted to a particular ship and requires delivery from a ship which has reached a place at the named port of destination where goods of the kind are usually discharged.
2. Under such a term unless otherwise agreed
a. the seller must discharge all liens arising out of the carriage and furnish the buyer with a direction which puts the carrier under a duty to deliver the goods; and
b. the risk of loss does not pass to the buyer until the goods leave the ship’s tackle or are otherwise properly unloaded.
[C66, 71, 73, 75, 77, 79, 81, §554.2322]
1. Unless otherwise agreed a term for delivery of goods “”ex-ship”” (which means from the carrying vessel) or in equivalent language is not restricted to a particular ship and requires delivery from a ship which has reached a place at the named port of destination where goods of the kind are usually discharged.
2. Under such a term unless otherwise agreed
a. the seller must discharge all liens arising out of the carriage and furnish the buyer with a direction which puts the carrier under a duty to deliver the goods; and
b. the risk of loss does not pass to the buyer until the goods leave the ship’s tackle or are otherwise properly unloaded.
[C66, 71, 73, 75, 77, 79, 81, §554.2322]