Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;
Vessel means the vessel/craft belonging to the Contractor for carrying out the work.
Ship means a vessel of any type whatsoever operating in the marine environment and includes hydrofoil boats, air-cushion vehicles, submersibles, floating craft and fixed or floating platforms.
Vessels shall have the meaning set forth in the recitals.
fishing vessel means a vessel used for catching fish, whales, seals, walrus or other living resources of the sea;
The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.
Builder means the general contractor.
cargo ship means any ship which is not a passenger ship;
Breakaway wall means a wall that is not part of the structural support of the building and is intended through its design and construction to collapse under specific lateral loading forces, without causing damage to the elevated portion of the building or supporting foundation system.
passenger ship means a ship which carries more than 12 passengers;
ro-ro passenger ship means a passenger ship with ro-ro spaces or special category spaces as defined in regulation II-2/3.
Tank vessel means a ship that is constructed or adapted to carry, or that carries, oil in bulk as cargo or cargo residue, and that:
information society service means a service as defined in point (b) of Article 1(1) of Directive (EU) 2015/1535 of the European Parliament and of the Council;
Sailing vessel means any vessel under sail provided that propelling machinery, if fitted, is not being used.
Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.
existing vessel means a vessel that is not a new fishing vessel.
Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.
Classification Society or “Class” means the Society referred to in line 4.
co-operative society means a body registered in India under the Co-operative Societies Act, 1912;
Relevant Ship means the Ships and any other vessel from time to time (whether before or after the date of this Agreement) owned, managed or crewed by, or chartered to, any Relevant Party;
Mortgaged Ship means a Ship which is subject to a Mortgage at the relevant time and, in the plural, means all of them;
building society means a building society within the meaning of the Building Societies Act 1986;
Rig means the vessel described in Recital (A) hereto and includes any share or interest therein and her engines, machinery, boats, tackle, outfit, spare gear, fuel, consumable or other stores, belongings and appurtenances whether on board or ashore and whether now owned or hereafter acquired (but excluding therefrom any leased equipment owned by third parties);
Shipyard means a facility capable of performing overhaul, repair, and maintenance work on covered vessels.
construction site means a workplace where construction work is being performed;
Existing ship means a ship which is not a new ship.