Vessel 3 definition

Vessel 3 means that certain 36,000 dwt bulk carrier currently being constructed by the Builder with an expected delivery date in the first quarter of 2011, given Builder’s Hull No. 6045.
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Vessel 3 means the liquefied natural gas carrier Al Marrouna (Hull No. 2238) owned or to be owned by Al Marrouna L.L.C.
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Vessel 3 means MT “Carmen Knutsen”, IMO no. 9623635, registered in the name of Borrower B in an Approved Ship Registry.
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Examples of Vessel 3 in a sentence

  • First of all, as Eurojust decides as a college of 28 members, it will experience more delays in the decision making process than the single European Prosecutor.

  • Costs as a proportion of revenue are estimated to be the lowest for Vessel 3 compared to the other example vessels, with costs increasing from 1% of revenue to 6% of revenue under 100% ASM coverage ($13,100 and $83,000, respectively).

  • Vessel 3 earned $1.4 million per year on groundfish trips over FY2016-FY2018, on average.

  • The contractor shall provide the following equipment: (1) Shallow Draft/Inshore Survey Vessel, (2) Deep Draft/Offshore Survey Vessel, (3) SideScan Sonar, & (4) Magnetometer.

  • In terms of the March 2019 Prospectus, Endo Tankers Sub-Group anticipated that Vessel 3 would have been acquired and delivered by the end of Q2 2019, however said acquisition has not yet materialised to date as negotiations with a potential seller fell through at a late stage for reasons beyond the Endo Tankers Sub-Group’s control.

  • The first presentation was by Darrell Beaulieu, CEO of DenendehInvestments Inc., and Paul Gruner, CEO, Det’on Cho Corporation.

  • Endo Three has identified a vessel having characteristics similar to Vessel 3 and all necessary initial documentation for the acquisition of said vessel to take effect has been duly executed.

  • OSU reserves the right, at its sole discretion to exercise options to extend the term of this Contract to provide Inspector services for Vessel 2, and Vessel 3.

  • On 15 July 2015, Fortune Pluto, a wholly-owned SPV of the Company, entered into the shipbuilding contracts with Hudong-Zhonghua, one of the Shipbuilders, in relation to the acquisition of Vessel 1, Vessel 2 and Vessel 3 at an aggregate consideration of US$87.2 million (equivalent to approximately HK$680.5 million).

  • As per this agreement, the Vessel 3, which will be named (“Endo Sirocco”) is to be delivered to Endo Three within 4 to 6 weeks from the date of said agreement.


More Definitions of Vessel 3

Vessel 3 means MT “Xxxxxx Xxxxxxx”, IMO no. 9623635, registered in the name of Borrower B in an Approved Ship Registry.
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Related to Vessel 3

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

  • 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.

  • Vessels shall have the meaning set forth in the recitals.

  • 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”);

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

  • 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

  • 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;

  • 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;

  • 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:

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

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.

  • tanker in relation to chapter 4 means an oil tanker as defined in MARPOL Annex I, regulation 1 or a chemical tanker or an NLS tanker as defined in MARPOL Annex II, regulation 1.

  • 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.

  • Passenger vessel means any boat, ship, vessel,

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

  • Bareboat Charter means the bareboat charter agreement to be executed by the Effective Date by the Borrower as owner and the Charterer as bareboat charterer.

  • 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;

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

  • foreign vessel means any vessel other than a coastal vessel.

  • FPSO means a floating production, storage and offloading system used by the offshore oil and gas industry for the production or processing of hydrocarbons and for storage of hydrocarbons. FSOs and FLNGs are included within this definition. The determination as to whether a particular property constitutes an FPSO shall be at the sole determination of the Underwriter.

  • Documented vessel means a vessel documented under chapter 121, title 46, United States Code or a vessel for which an application for such docu- mentation is pending.

  • cargo ship means any ship which is not a passenger ship;

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

  • Shipowner means the owner of the ship or another organization or person, such as the manager, agent or bareboat charterer, who has assumed the responsibility for the operation of the ship from the owner and who, on assuming such responsibility, has agreed to take over the duties and responsibilities of the shipowner, regardless of whether any other organization or persons fulfil certain of the duties or responsibilities on behalf of the shipowner;