Capital dredging definition

Capital dredging means one time process involving removal of virgin material from the sea bed to create, or deepen a shipping channel in order to serve larger ships. This includes dredging activity inside and outside the ports or harbors and channels;
Capital dredging means dredging for navigation to enlarge or deepen existing channel and port areas or to create new channel and port areas and dredging for engineering purposes to create trenches for pipes, cables, immersed tube tunnels or to remove material unsuitable for foundations or overburden for aggregate extraction.
Capital dredging means dredging in scope of creating new engineering works such as new waterways, new harbours, land reclamation and dredging allowed in accordance with national law;

Examples of Capital dredging in a sentence

  • Capital dredging has an indefinite useful life and is not depreciated as the channel is maintained via maintenance dredging to its original depth and contours.

  • Moreover, it shall be the obligation of the Concessionaire to bear the cost, on pro-rata basis, of the Capital dredging for deepening of Navigational Channel up to 13 m Draft from Zero Panel to Oil Jetty Complex.

  • Capital dredging projects are primarily port expansion projects, which involve the deepening of channels to allow access by larger, deeper draft ships and the providing of land fill for building additional port facilities, thereby enhancing port profitability and competitiveness.


More Definitions of Capital dredging

Capital dredging means an activity which comprises the excavation of the seabed, in an area or down to a level (relative to Ordnance Datum) not previously dredged during the preceding 10 years, and “capital dredge” is to be construed accordingly;
Capital dredging means dredging of the fairways, access channel and turning basin of the Port by the AUTHORITY in accordance with Section 15.2.a.
Capital dredging means a one-time process involving the removal of virgin material from the seabed to create or deepen a shipping channel to serve larger ships. This includes dredging activity inside and outside the ports, harbors, and channels.
Capital dredging means dredging carried out for the purposes of article 8(1)(a);
Capital dredging means the initial dredging to the depth of fourteen (14) meters to a distance of fifty (50) meters from the quay line of the Phase 1 Facilities at ninety (90) degrees to the quay line.

Related to Capital dredging

  • Dredging means the removal of sediments from bottomland.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including cash and Cash Equivalents), each determined in accordance with GAAP or the methodologies set forth on Schedule WC, but excluding any unrealized Company H▇▇▇▇▇, any Income Tax assets and any deferred Tax assets.

  • Capital Budget has the meaning given in Section 3.11(a).