Examples of Gemini Tankers L.L.C. in a sentence
Other primarily relates to Teekay Parent’s share of unrealized foreign exchange losses in Sevan Marine ASA and severance costs in the Gemini Tankers LLC joint venture for the three months and year ended December 31, 2015 and realized loss on termination of an interest rate swap for the three months ended September 30, 2015 and year ended December 31, 2015.
All figures in USD ‘000201020092008Net Method126,416102,229204,402Gross Method-22,14123,598Total Voyage Revenue126,416124,370228,000 In March 2010, the Company announced that it decided to place all its vessels in a cooperation with Gemini Tankers LLC.
Seal Stego Wrap around all penetrations and columns using Stego Tape, StegoTack Tape, and/or Stego Mastic.
Includes (a) loss on sale of an LPG carrier owned by Teekay LNG’s Exmar LPG BVBA joint venture, (b) Teekay Parent’s share of unrealized foreign exchange loss in Sevan Marine ASA and (c) severance costs in the Gemini Tankers LLC joint venture for the three months ended December 31, 2015.
All figures in USD ‘00020102009 Working Capital, cooperative arrangements *)22,0349,133 Financial Charges1,1431,795 Total as per December 31,23,17710,928 *) Working capital represents value of bunkers on board our vessels at time of delivery to Gemini Tankers LLC, and initial funding of $0.2 million per vessel.
Notices to Parties may be given by sending them to the respective telefax numbers or email addresses below marked for the attention of the person indicated Gemini Tankers LLC Attn.
In March 2010 the Company announced that it decided to place all of its vessels in a spot market cooperation with Gemini Tankers LLC, where Frontline Ltd.
The charterer has placed the vessel into a Suezmax revenue sharing pool that is commercially managed by a subsidiary of Teekay Corporation, Gemini Tankers L.L.C. The second of these vessels is also in this Suezmax pool, which contains vessels owned by Teekay Corporation and vessels owned by third party owners.
As a result, Teekay Tankers is now party to this Suezmax pool agreement with Gemini Tankers L.L.C., Teekay Corporation and third party vessel owners.Registration Rights AgreementIn connection with Teekay Tankers' initial public offering, it entered into a registration rights agreement with Teekay Corporation pursuant to which Teekay Tankers granted Teekay Corporation and its affiliates certain registration rights with respect to Teekay Tankers Class A and Class B common stock owned by them.
In mid-November 2011, our vessels were transferred from the Gemini Tankers LLC arrangement to the Orion Tankers pool upon completion of previously fixed charters within Gemini Tankers LLC.