Cargo Transfer definition

Cargo Transfer corresponds to Unloading or Reloading. Cargo: Natural Gas in liquid or gas phase contained within the tanks and manifolds of a Vessel. Charterer: time-charter of the Vessel. Classification Company: inspection company that monitors vessels during their construction and their operation. Commercial Operations: operations defined in Paragraph 3.6 of Appendix 3 and that are carried out when the Vessel is alongside the dock. Contract Expiry Date: date indicated in Appendix 1 (Specific Conditions). Contract: refers to all of the contractual documents making up the contract for access to the LNG terminal entered into between the Shipper and the Operator. Contractual Reloaded Quantity (QRC): total quantity of energy, expressed in MWh (GCV) per year that the Shipper plans to reload at the Terminal during the Period of Validity; the value of the QDC is defined in the Specific Conditions. Contractual Storage Space (ESC): total energy space, expressed in MWh (GCV), allocated each Year to the Shipper under the Dedicated Storage Service according to the allocation rules defined in paragraph 8.2.1 of the General Terms and Conditions. Contractual Unloaded Quantity (QDC): total quantity of energy, expressed in MWh (GCV) per year that the Shipper plans to unload at the Terminal during the Period of Validity; the value of the QDC is defined in the Specific Conditions.
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Cargo Transfer means the transfer between two ships of a substance consisting wholly or mainly of oil which is transported by either or both of the ships for reward, but does not include—
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Examples of Cargo Transfer in a sentence

  • Nomination of a substitute ▇▇▇▇▇▇ shall be made no later than four days before the Vessel’s arrival at the Cargo Transfer Point.

  • Not less than seven days before a tanker’s arrival or four days before a barge’s arrival at the Cargo Transfer Point, Buyer shall nominate for Seller’s acceptance the Vessel that will load the Cargo.

  • Seller generally shall take Vessels into berth at the Cargo Transfer Point in the same chronological order as Seller’s receipt of NORs, provided, however, that if the Cargo Transfer Point has special barge berths, barges shall use barge berths rather than ocean tanker dock berths.

  • Not less than seven days before a tanker’s arrival or four days before a barge’s arrival at the Cargo Transfer Point, Seller shall nominate for Buyer’s acceptance the Vessel that will discharge the Cargo.

  • Buyer promptly shall update Seller upon discovery of any Vessel problems or deficiencies that may adversely impact operations at the Cargo Transfer Point.

  • Seller may, at its option, place Pollution Control Representatives (“PCRs”) on board the Vessel to observe loading of Cargo and related operations during the period that the Vessel is at a Cargo Transfer Point.

  • A training program shall be established and documented for junior officers to allow them to meet the qualifications of the PIC of the Cargo Transfer Watch during periods of steady state operation to allow the Chief Officer and Cargo Engineer to take rest periods if required to meet work hour restrictions.

  • Seller also shall provide Vessel ETA in writing 72, 48, 24 and six hours before the Vessel’s expected arrival at the Cargo Transfer Point.

  • Buyer also shall provide the Vessel’s ETA in writing 72, 48, 24 and six hours before the Vessel’s expected arrival at the Cargo Transfer Point.

  • The Delivery Period in the relevant Confirmation represents a window for arrival of the Vessel at the Cargo Transfer Point.

Related to Cargo Transfer

  • Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.

  • Transfer Any direct or indirect transfer or sale of any Ownership Interest in a Residual Certificate.

  • Title Transfer as herein used means transfer of ownership reported in the records of Carrier of a stated quantity of Petroleum in the custody of Carrier from one entity to another.

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Pass-Through Transfer The sale or transfer of some or all of the Mortgage Loans to a trust to be formed as part of a publicly-issued and/or privately placed, rated or unrated, mortgage pass-through transaction, retaining the Company as "servicer" (with or without a master servicer) thereunder.