VLCC Vessels definition
VLCC Vessels means very large crude carrier vessels designed, constructed, equipped and maintained to safely load and carry Crude Oil.
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”);
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.
Vessels shall have the meaning set forth in the recitals.
Foreign flag vessel means any vessel that is not a U.S.-flag vessel.
Passenger vessel means any boat, ship, vessel, barge, or other floating craft of any kind carrying passengers for compensation.