Dry Bulk Vessel definition

Dry Bulk Vessel means a vessel which is specially designed and built to carry large volumes of cargo in bulk cargo form.
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Examples of Dry Bulk Vessel in a sentence

  • Our Dry Bulk Vessel FleetThe tables below provide additional information, as of March 21, 2023, about our fleet of 45 dry bulk vessels, including two vessels we have agreed to sell.

  • Based on the Company’s methods of internal reporting and management structure, the Company currently has one reportable segment, the Dry Bulk Vessel Operations segment.

  • The fair value of the Dry Bulk Vessel Group reporting unit was estimated using a combination of income and market approaches.

  • 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”).

Related to Dry Bulk 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:

  • 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.

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

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

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

  • 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”);

  • Pressure vessel means containers for the containment of pressure, either internal or external. This pressure may be obtained from an external source or by the application of heat from a direct or indirect source, or any combination thereof.

  • 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;

  • bulk cargo means any quantity of the usual bulk materials used in an iron and steel industry (but does not include pig iron or steel billets) and consigned for use by the Company or by any subsidiary company or by any associated company in connection with its operations in that industry;

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

  • Covered vessel means a tank vessel, cargo vessel, or passenger vessel.

  • 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.

  • 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.

  • Barge means a vessel that is not self-propelled.