Ship Management Agreement definition

Ship Management Agreement means, in relation to each Vessel, the management agreement in respect of that Vessel made or to be made between the Vessel Owning Company and the Ship Manager in the agreed form whereby the Ship Manager manages the Vessel following its delivery to the Vessel Owning Company under the relevant Shipbuilding Contract.
Ship Management Agreement means the ship management agreement to be entered between the Charterers and the Managers in respect of the Vessel;
Ship Management Agreement means the Technical Services Agreement, dated October 17, 2016, between Höegh LNG Colombia S.A.S. and Höegh LNG Fleet Management AS.

Examples of Ship Management Agreement in a sentence

  • Owners and Managers entered into that certain Ship Management Agreement of even date herewith (the “Management Agreement”).

  • Subject to the foregoing, the terms and conditions of the Ship Management Agreement shall remain unaltered and in full force and effect.

  • Stena, as primary obligor and not merely as surety, hereby irrevocably, unconditionally and absolutely hereby guarantees to the Owner the due and punctual payment of all amounts due to the Owner from the Manager in respect of the Manager's indemnification of the Owner for days of off-hire or reduced-hire pursuant to Clause 24 of the Ship Management Agreement (the "Guaranteed Obligations").

  • The Guarantor, as primary obligor and not merely as surety, hereby irrevocably, unconditionally and absolutely hereby guarantees to the Manager the due and punctual payment of all obligations and liabilities owing by the Owner under the Ship Management Agreement and the due performance and compliance by the Owner with all terms, conditions and agreements contained therein (all such obligations and liabilities being herein collectively called the "Guaranteed Obligations").

  • This is a standard BIMCO wording taken from the SHIPMAN Standard Ship Management Agreement.


More Definitions of Ship Management Agreement

Ship Management Agreement has the meaning set forth in Section 2(i) a. of this Agreement.
Ship Management Agreement the agreement pursuant to which Xxxxx Xxxxxxxxxx will manage the operation of the Vessel.
Ship Management Agreement means the agreement between Company and Mideast (a wholly owned subsidiary of the Company) dated 4/1/1432H (corresponding to 1/1/2011G) governing the terms under which Mideast provides management services for the Company's ships. As further described in Section 14.1, "Summary of Material Agreements".
Ship Management Agreement means the Ship Management Agreement, dated March 24, 2015, between CyprusCo and Höegh LNG Fleet Management AS.
Ship Management Agreement the agreement pursuant to which Xxxxx Xxxxxxxxxx will manage the operation of the Vessel. “Subsidiaries” means Eskimo Corp and M2024 Corp, collectively, and “Subsidiary” means either of them.
Ship Management Agreement means the Golden State Management Agreement, the Pelican State Management Agreement, the Sunshine State Management Agreement and any other technical and commercial ship management agreement, including but not limited to the two management agreements intended to be entered into between APT or other Shipowning Subsidiaries, as owner, and Intrepid Ship Management, as manager, in substantially the form of the modified Xxxxxxx 98, including the Inserts and Supplemental Clauses thereto, attached hereto as Exhibit I, each as may be amended, restated, supplemented or otherwise modified from time to time;
Ship Management Agreement means a ship management agreement substantially in the form attached hereto as Exhibit D, pursuant to which Purchaser will manage four of the Nabors Retained Vessels for a fee of US $500 per day and one of the Nabors Retained Vessels (the “CAPE LOBOS”) at no charge, for a period not to exceed three (3) years and with respect to any Nabors Retained Vessel only for so long as such Nabors Retained Vessel continues to be owned by NDIL or one of its Affiliates.