Examples of Newbuilding Vessels in a sentence
The Parent or one or more of its Subsidiaries has entered into a commitment letter in respect of a facility of up to $120,000,000 with a tenor of six years to be extended to partially fund the purchase of the Newbuilding Vessels.
An interim Certificate of Confirmation of Class for hull and machinery confirming that the Newbuilding Vessel is classed with the highest class applicable to Newbuilding Vessels of her type with Lloyd’s Register or such other classification society as may be acceptable to the Agent.
Within four months of the date of this Agreement, the Parent or one or more of its Subsidiaries shall enter into a facility agreement of up to $120,000,000 with a tenor of six years to partially fund the purchase of the Newbuilding Vessels.
Newbuilding Vessels Deliveries Between July 1, 2015 and October 29, 2015 the Company has taken delivery from shipyards of the following newbuilding vessels: SBI Echo, an Ultramax vessel, was delivered from Imabari Shipbuilding Co., Ltd.
Such increase in handysize revenue days is expected to enhance earnings accordingly.In addition, the Directors consider the transactions to be attractive taking into account the contract prices achieved and the early delivery of the Newbuilding Vessels, which compare favourably with the availability of similar newbuildings from shipyards elsewhere.
The Borrower shall (and shall ensure that each member of the Group will) maintain in full force and effect relevant insurances on and in relation to its business and assets, including the Newbuilding Vessels, against those risks and to the extent as is usual for companies carrying on the same or substantially similar business in accordance with good industry practice.
Songa fleet being acquired Vessel Name Vessel TypeCapacity (dwt.) Shipyard Newbuilding Vessels being acquired from Oceanbulk Container Carriers Vessel Name Vessel TypeCapacity (dwt.) (1) Subject to a bareboat charter with purchase obligation.First Quarter 2018 and 2017 Results (*) (*) Amounts relating to variations in period–on–period comparisons shown in this section are derived from the actual numbers in our books and records.
Consideration : Vessel A: US$21,977,000 (approximately HK$171,420,600); Vessel B: US$21,977,000 (approximately HK$171,420,600);Vessel C: US$21,977,000 (approximately HK$171,420,600); and Vessel D: US$21,977,000 (approximately HK$171,420,600).The total consideration for the Newbuilding Vessels is US$87,908,000 (approximately HK$685,682,400).
Figure 3-2 Newbuilding Vessels Deliveries in the Main Shipbuilding Countries.2009 21 ―Orders slide nearly 60%‖-Tradewinds.no 2011.(in 1000s of GRT) Source: UNCTAD Maritime Transport Review 2010 It has been reported in the shipping specialized newspaper Tradewinds in its hard copy of February 23rd 2011, due to this tiny orderbook, the lowest in 10 years, big names of the LNG are lining up new orders.
In addition, no third party valuation has been performed on the Newbuilding Vessels.