Examples of Shipbuilding Contract A in a sentence
Assets to be acquired: In respect of Shipbuilding Contract A, a handysize dry bulk carrier of approximately 32,000 dwt (“Vessel A”); in respect of Shipbuilding Contract B, a handysize dry bulk carrier of approximately 32,000 dwt (“Vessel B”); in respect of Shipbuilding Contract C, a handysize dry bulk carrier of approximately 32,000 dwt (“Vessel C”); and in respect of Shipbuilding Contract D, a handysize dry bulk carrier of approximately 32,000 dwt (“Vessel D”).
THE SHIPBUILDING CONTRACTS The Shipbuilding Contracts are of identical terms and conditions and are described below: Date : 8 December 2005 Parties : Newbuilding : Lake Stevens Limited for Shipbuilding Contract A; PurchasersGood Shape Limited for Shipbuilding Contract B; Bright Cove Limited for Shipbuilding Contract C; and Future Sea Limited for Shipbuilding Contract D;each being an indirect wholly-owned subsidiary of the Company.Newbuilding : Guangdong Machinery Imp.
The principal terms of the Shipbuilding Contracts are as follows: Shipbuilding Contract A Date : 18 February 2024 Parties : The Buyer The Seller Asset to be acquired : Vessel A, a 18,500 dwt oil/chemical tanker to be constructed and expected to be delivered on 31 July 2025.