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TeachMeFinance.com - explain Ex-ship historic definition... Ex-ship -- or ex-steamer. A mercantile term ; goods sold ex-ship or ex-steamer are sold free out of the vessel (free of charges up to the time of discharge from the vessel). The seller's responsibility ceases as soon as the goods have left the vessel. Free overside has the same meaning. Sometimes the term ex is used in connection with the name of a vessel, as ex-steamer Ocean or ex-ship Wave. In such a case the name of the vessel is used for the purpose of designating the particular vessel by which the goods arrived as well as to indicate that the goods are free out of the vessel. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.