LNG Ship definition

LNG Ship means any LNG ship to be used to deliver LNG to the LNG Terminal or to load LNG from the LNG Terminal and which has been approved by Terminal Operator in accordance with the provisions set out in the LNG Access Code.

LNG Ship means, with respect to a Specific Order, the vessel designed, constructed, equipped and maintained to load, carry and deliver LNG, nominated in that Specific Order and used by Seller pursuant to this Agreement.

LNG Ship means an ocean going vessel meeting the requirements of Paragraph 2.8 of Schedule C (in the case of an FOB delivery) and Paragraph 2.8 of Schedule D (in the case of a DAP delivery) and suitable for transporting LNG, which, in respect of each delivery pursuant to a Confirmation Notice, shall be identified in the Confirmation Notice (or shall be subsequently agreed between the Parties) and be used for such delivery.

Examples of LNG Ship in a sentence

• Risk of loss for any LNG remaining on the LNG Ship after discharge of the LNG Cargo shall remain with Seller.

• Title to the LNG Cargo shall pass from Seller to Buyer in international waters at the point which is the last point where the LNG Ship is outside the territorial waters of the country in which Buyer's Facilities are located (“Title Transfer Point”).

• Title to any LNG remaining on the LNG Ship after discharge of the LNG Cargo will revert from Buyer to Seller at the first point following the exit of such LNG Ship from the territorial waters of the country in which Buyer’s Facilities are located.

• With respect to each LNG Cargo to be delivered to Buyer pursuant to the Confirmation Notice, Seller shall give, or cause the master of the relevant LNG Ship to give, to Buyer, the following notices: a first notice, which shall be sent either upon the departure (for the Discharge Port) of the LNG Ship from the Loading Port, or as early as reasonably possible and which shall set forth the time and date of departure, and the estimated time of arrival of the LNG Ship at the Discharge Port (the “ETA”).

• Seller shall supply, operate and maintain, or cause to be supplied, operated and maintained, suitable gauging devices for the LNG tanks of the LNG Ship, as well as pressure and temperature measuring devices and all other measurement or testing devices that are incorporated in the structure of such LNG Ship or customarily maintained on board ship.

• If Buyer determines in good faith that it cannot reasonably receive the Off-Specification LNG (i) for DAP deliveries, at Buyer’s Facilities or (ii) for FOB deliveries on the LNG Ship and/or the Buyer’s Facilities, Buyer may reject the Off-Specification LNG by giving Seller a notice of rejection in writing within forty-eight (48) hours of Buyer’s receipt of the Off-Specification LNG Notice (without prejudice to Seller’s right to deliver alternative LNG that complies with the Specifications).

• If Buyer determines in good faith that it cannot reasonably receive the Off-Specification LNG (i) for DAP deliveries, at Buyer’s Facilities or (ii) for FOB deliveries on the LNG Ship and/or the Buyer’s Facilities, Buyer may reject the Off-Specification LNG by giving Seller a notice of rejection in writing within forty- eight (48) hours of Buyer’s receipt of the Off-Specification LNG Notice (without prejudice to Seller’s right to deliver alternative LNG that complies with the Specifications).

• Seller shall have the right to inspect and approve the Substitute LNG Ship, and such approval shall not be unreasonably withheld, conditioned or delayed.

• Upon notice of approval by Seller, such approved Substitute LNG Ship shall become the LNG Ship associated with the relevant LNG Cargo for all purposes under a Confirmation Notice including, but not limited to, Paragraph C.1.

• Each LNG tank of each LNG Ship shall be equipped with a main and an auxiliary liquid level gauging device.

More Definitions of LNG Ship

LNG Ship means the LNG carrier or carriers whether singular or plural named in the acknowledgement at the end of these Conditions of Use; Limitation Amount shall have the meaning given in condition 7.1 below; Master means, with respect to any LNG Ship, the duly licensed master, captain or other person lawfully in command of such LNG Ship; Party and Parties means Buyer, Höegh and Ship Owner; Person means any individual, firm, sole proprietorship, corporation, stock company, limited liability company, trust, partnership, voluntary association, joint venture, unincorporated organisation, institution, Governmental Authority or other legal entity Port Facilities means all the infrastructure, facilities, equipment, installations, anchorages and approaches of and to Portland Bight, including, but not limited to, LNG Facility and any other channels, channel markings, buoys, jetties, berths, lines and gangways at Portland Bight;

LNG Ship means any ship designed, constructed, equipped, and maintained to safely load and carry LNG and which is fully compatible with the Loading Point and which is nominated by Buyer, accepted by Seller and is specified in paragraph 2 in the LNG Sales Confirmation Notice.