Newbuilding Vessels definition

Newbuilding Vessels means Vessel A, Vessel B, Vessel C and Vessel D;
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Newbuilding Vessels means Newbuilding Vessel A and Newbuilding Vessel
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Newbuilding Vessels means the following vessels currently under construction by the respective Builders set out below with the Builders’ hull numbers set out below on the terms of the Building Contracts and, on delivery to the respective Collateral Owners set out below, intended to be registered under an Approved Flag and “Newbuilding Vessel” means any one of them: Type of Vessel Builder dwt Hull Number Collateral Owner Bulk carrier Sasebo Heavy Industies Co., Ltd. 77,000 822 “Gloverfour Vessel” Gloverfour Bulk carrier Sasebo Heavy Industies Co., Ltd. 77,000 827 “Gloverfive Vessel” Gloverfive
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Examples of Newbuilding Vessels in a sentence

  • 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.

  • 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.

  • A billing fee of $5.00 will be added to your account each time we have to send you a bill.

  • 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 (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.

  • The use of synchronous conferencing techniques can offer opportunities for social interaction in a virtual classroom space.

  • The acquisition of the Newbuilding Vessels will enable the Company to secure two additional newbuilding vessels for its handysize fleet.

  • In addition, no third party valuation has been performed on the Newbuilding Vessels.

  • However, as is commonly the case in the dry bulk carrier market, there have not been any recently published sales by third party vendors of newbuildings of the exact size of the Newbuilding Vessels from which to make a direct comparison.

  • 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.


More Definitions of Newbuilding Vessels

Newbuilding Vessels means each of the twelve Newcastlemax 210,000 DWT DF Bulk Carriers under construction pursuant to the Shipbuilding Contracts.
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Newbuilding Vessels means the Newbuilding Vessel A and the Newbuilding
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Newbuilding Vessels means Vessel A and Vessel B, and a “Newbuilding Vessel” shall mean each and any one of them as the context so requires;
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Related to Newbuilding Vessels

  • existing vessel means a vessel that is not a new fishing vessel.

  • 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;

  • Fleet Vessels means all of the vessels (including, but not limited to, the Ships) from time to time wholly owned by members of the Group (each a “Fleet 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:

  • Passenger vessel means any boat, ship, vessel,

  • Sailing vessel means any vessel under sail provided that propelling machinery, if fitted, is not being used.

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • 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.

  • Coastal vessel means any vessel exclusively employed in trading between any port or place in India to any other port or place in India having a valid coastal license issued by the competent authority.

  • Mortgaged Vessel means, at any relevant time, any Vessel which is at such time subject to a Mortgage and a Vessel shall, for the purposes of this Agreement, be regarded as a Mortgaged Vessel as from the date on which the Mortgage of that Vessel has been executed and registered in accordance with this Agreement until whichever shall be the earlier of (i) the payment in full of the amount required to be paid to the Agent pursuant to clause 4.3 or 4.5 following the Total Loss or sale respectively of such Vessel and (ii) the end of the Facility Period;

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

  • Recreational vessel means a vessel—

  • Pressure vessel means a vessel that may be used for containing, storing, distributing, transferring, distilling, processing or otherwise handling any gas, vapour or liquid under pressure greater than the atmospheric pressure and includes any pipeline fitting or other equipment attached thereto or used in connection therewith; and

  • Covered vessel means a tank vessel, cargo vessel, or passenger vessel.

  • 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.

  • foreign fishing vessel means any fishing vessel other than a local fishing vessel;

  • storage vessel means a pressure vessel as defined in the Regulations for Pressure Vessels made under the Occupational Health and Safety Act;

  • Mortgaged Ship means a Ship which is subject to a Mortgage at the relevant time and, in the plural, means all of them;

  • ro-ro passenger ship means a passenger ship with ro-ro spaces or special category spaces as defined in regulation II-2/3.

  • Foreign flag vessel means any vessel that is not a U.S.-flag vessel.

  • passenger ship means a ship which carries more than 12 passengers;

  • construction site means a workplace where construction work is being performed;

  • Public vessel ’ means a vessel owned or bareboat chartered and operated by the United States, by a State or political subdivision thereof, or by a foreign nation, except when such vessel is engaged in commerce;

  • 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;

  • Commercial vessel means any vessel not owned and operated by the United States military or the United States Coast Guard.