Ex-ship Contract Law and Legal Definition
Under an ‘ex-ship’ contract the seller has to deliver the goods to he buyer at the port destination. In such contracts the property in the goods does not pass until actual delivery. The goods are at the seller’s risk during the voyage. It is, therefore, for the seller to insure the goods to protect his/her interests. The seller is to pay the freight, or otherwise release the shipowner’s lien and to furnish the buyer with a delivery order or an effectual direction to the shipowner to deliver.
