Dry Bulk Vessel definition

Dry Bulk Vessel means a vessel which is specially designed and built to carry large volumes of cargo in bulk cargo form.
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Examples of Dry Bulk Vessel in a sentence

  • SECTION 3.1. During the Restricted Period, KK shall not, subject to Section 3.2 hereof, directly or indirectly, engage in (a) the ownership of any Covered Vessel other than through the Company or (b) the acquisition of any shareholding in any Container Vessel Business or Dry Bulk Vessel Business other than through the Company (together, (a) and (b) are defined as the “Competitive Activities”).

Related to Dry Bulk Vessel

  • 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:

  • U.S.-flag vessel means a vessel of the United States or belonging to the United States, including any vessel registered or having national status under the laws of the United States.

  • Vessel means every description of watercraft, other than a seaplane on the water, used or capable of being used as a means of transportation on water.

  • Cargo vessel means a self-propelled ship in commerce, other than a tank vessel or a passenger vessel, three hundred or more gross tons, including but not limited to, commercial fish processing vessels and freighters.

  • Vessels shall have the meaning set forth in the recitals.