Salvage of a ship means the salvage of a ship used in navigation, its apparel and cargo thereon, or the removal of wreck.
fishing vessel means a vessel used for catching fish, whales, seals, walrus or other living resources of the sea;
Covered vessel means a tank vessel, cargo vessel, or passenger vessel.
Mortgaged Ship means a Ship which is subject to a Mortgage at the relevant time and, in the plural, means all of them;
Salvage means the controlled removal of materials from a covered project, for the purpose of reuse or storage for later reuse;
Insurances means, in relation to a Ship:
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;
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.
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”);
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.
Sailing vessel means any vessel under sail provided that propelling machinery, if fitted, is not being used.
Salvage operation means any business, trade or industry engaged in whole or in part in salvaging or reclaiming any product or material, including but not limited to metals, chemicals, shipping containers or drums.
Vessels shall have the meaning set forth in the recitals.
Commercial vessel means any vessel not owned and operated by the United States military or the United States Coast Guard.
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.
Passenger vessel means any boat, ship, vessel,
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;
The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.
passenger ship means a ship which carries more than 12 passengers;
existing vessel means a vessel which is not a new vessel;
Existing ship means a ship which is not a new ship.
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:
Cargo means any property carried on an aircraft other than mail, stores and accompanied or mishandled baggage;
Hospitalisation Means admission in a Hospital for a minimum period of 24 In patient Care consecutive hours except for specified procedures/ treatments, where such admission could be for a period of less than 24consecutive hours.
Nationalisation means that all the Shares or all or substantially all the assets of the Share Company are nationalised, expropriated or otherwise required to be transferred to any governmental agency, authority, entity or instrumentality thereof.
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.