Vessel Day Scheme definition

Vessel Day Scheme means the vessel day scheme (VDS) described in the Palau Arrangement for the Management of the Western Pacific Fishery as Amended – Management Scheme (Purse Seine Vessel Day Scheme).
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Vessel Day Scheme or “VDS” means the Vessel Day Scheme as agreed upon by the Parties to the Palau Arrangement;
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Vessel Day Scheme means the Vessel Day Scheme implemented under the Palau Arrangement.
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Examples of Vessel Day Scheme in a sentence

  • MIMRA considers operating revenues to include activities that have the characteristics of exchange transactions, such as (1) fishing rights, Vessel Day Scheme revenues, licensing, transshipment, and other fees, and (2) other local revenues.

  • The Vessel Day Scheme (VDS) is a scheme where vessel owners can purchase and trade days fishing at sea in places subject to the Parties to the Nauru Agreement (PNA).

  • Strengthening the PIU staffing complement to compensate for lack of implementation support that was to have been provisioned by the regional FFAPROP Project but has to date failed to materialize.FFAa. Technical assistance for the Vessel Day Scheme (VDS) for the purse seine fishery reduced to two specific types of projects:1.

  • However it should be noted that those CCMs who are Parties to the Palau Arrangement bear a large proportion of the effort of implementation through the setting of the Total Allowable Effort under the Vessel Day Scheme.

  • This would decrease revenue brought to other PNA countries through the Vessel Day Scheme while increasing revenue for the one defector party.Similarly, if all the available licenses were sold, parties would have an incentive to sell more licenses than they have been allocated under the Vessel Day Scheme.

  • The conclusions made in this Article are limited, but they offer insight into the success of the PNA’s Vessel Day Scheme agreement.

  • However, defectors can start the trend that makes the agreements irrelevant by undermining the scheme’s legitimacy and the protective purpose of the agreements.The Vessel Day Scheme has already experienced one defector.

  • The potential involvement of Indonesia and the Philippines in the Purse Seine Vessel Day Scheme would make the VDS a more powerful instrument and add greater value on all sides.

  • This is because the organisation sets its priorities for revenue earning capacity on the Vessel Day Scheme (VDS) (PNA 38, WP 386b) The PNA harbours no thoughts of utilising FAD management as an income earning opportunity, other than covering the costs of administering the FAD Registration Scheme, simply because it would detract from the VDS as the rent seeking vehicle.

  • The PNA Vessel Day Scheme Presentation (ANU Pacific Update 2014).

Related to Vessel Day Scheme

  • 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.

  • 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.

  • 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;

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

  • approved blood scheme means a scheme established or approved by the Secretary of State, or trust established with funds provided by the Secretary of State, for the purpose of providing compensation in respect of a person having been infected from contaminated blood products;

  • Passenger vessel means any boat, ship, vessel,

  • Day Shift means a shift which commences at or after 6.00 am and before 10.00 am. "Afternoon shift" means a shift which commences at or after 10.00 am and before 4.00 pm.

  • International shipment means the transportation of hazardous waste into or out of the jurisdiction of the United States.

  • Traineeship Scheme means an approved traineeship applicable to a group or class of employees or to an industry or sector of an industry or an enterprise. A traineeship scheme shall not be given approval unless consultation and negotiation with the union upon the terms of the proposed traineeship scheme and the traineeship have occurred. An application for approval of a traineeship scheme shall identify the union and demonstrate to the satisfaction of the approving authority that the abovementioned consultation and negotiation have occurred.

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

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

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

  • 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

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

  • Ships means, together, Ship A and Ship B and, in the singular, means either of them;

  • 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:

  • international voyage means a voyage from a country to which the present Convention applies to a port outside such country, or conversely.

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

  • Ocean marine insurance means insurance against loss of or damage to:

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

  • Scheme Year means a period of one year beginning with 1st April and ending with 31st March;

  • Flag State means a State whose flag a ship is entitled to fly.

  • information society service means a service as defined in point (b) of Article 1(1) of Directive (EU) 2015/1535 of the European Parliament and of the Council;

  • 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.

  • 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.