Bulk Vessel definition
Bulk Vessel means a self-propelled ocean-going vessel constructed or adapted primarily to carry unpackaged dry bulk cargo. A bulk vessel may use vessel-based or shore-based equipment for loading and discharging of cargo.
Bulk Vessel means a Fleet Vessel being a dry bulk Panamax, Handymax or Capesize vessel;
Examples of Bulk Vessel in a sentence
SECTION 3.1. During the Restricted Period, KK shall not, subject to Section 3.2 hereof, directly or indirectly, engage in (a) the ownership of any Covered Vessel other than through the Company or (b) the acquisition of any shareholding in any Container Vessel Business or Dry Bulk Vessel Business other than through the Company (together, (a) and (b) are defined as the “Competitive Activities”).