Shuttle Tanker definition

Shuttle Tanker means any vessel equipped with a Dynamic Positioning (DP) System and a Bow Loading System (BLS) pursuant to Annex I (Basic Requirements for Dynamically Positioned Shuttle Tankers) or, when requested by any Party and approved by the Production Operator, any other vessel with a floating system equipped with an equivalent dynamic positioning (class notation DP-2) and loading system capable of performing tandem offloading without changes to the FPSO offloading system.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Shuttle Tanker means an LNG carrier vessel nominated by Customer to unload LNG the Vessel which shall be in all respects compatible with the Vessel and have valid OCIMF SIRE report less than twelve (12) months old, be in compliance with applicable Laws and which is subject to the Conditions of Use and Contractor's rights of inspection and approval, such approval not to be unreasonably withheld; "Shuttle Tanker Loading Reference Conditions" has the meaning ascribed in Schedule VII;

Shuttle Tanker has the meaning ascribed in the FSRU Operation and Services Agreement;

Examples of Shuttle Tanker in a sentence

• The vessel shall be converted following the latest guidelines for design and operation of dynamically positioned vessels (IMCA) and shall comply with all rules, regulations and requirements to ensure a safe and cost effective operation as an Offshore Shuttle Tanker.

• The vessel shall follow the latest Guidelines for the DESIGN AND OPERATION OF DYNAMICALLY POSITIONED VESSELS (IMCA) and shall comply with all relevant rules, regulations and requirements to ensure a safe and cost effective operation as an Offshore Shuttle Tanker.

• Q:\TEKNISK\Technical file\Newbuilding, projects\N255\105K Shuttle Tanker Outline-20071018 (incl ▇▇▇▇▇ tunnel thruster)revhrt.doc Outline Specification 105,000 DWT Shuttle Tanker T0184-000-01 Rev.

• Particulars of Vessel(s): Shuttle Tanker This Agreement shall come into effect on the day stated in Box 4and shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of six months from the date upon which such notice was given.

• Cool-down of the unloading arms/hoses will only commence when the Shuttle Tanker is connected and cooled down.

• In a year in which a Shuttle Tanker is out of service, the “A” and “B” variables in the above formula shall not include the time period in which the Shuttle Tanker is out of service, during which the costs are allocated instead in accordance with this section (b).

• To the knowledge of such counsel, the Operating Company, the Partnership, Teekay Nordic Holdings Incorporated, Siri Holdings L.L.C., Teekay Shuttle Tanker Finance L.L.C., as the case may be, beneficially owns the stock or membership interests, as applicable, of each of the ▇▇▇▇▇▇▇▇ Islands Subsidiaries as described in a schedule to such opinion, free and clear of all pledges, liens, encumbrances, security interests or other claims, except for Claim Exceptions.

• Notice of Readiness shall be effective: (i) if the Shuttle Tanker arrives within the Arrival Window, when given; or (ii) if the Shuttle Tanker arrives outside the Arrival Window, at the earliest time at which Contractor is to allow the Shuttle Tanker to unload as provided in Clause 5.4(b) below.

• Yours faithfully, [—], 201[—] To the Purchasers listed in Schedule A hereto Dear Sirs: We have acted as special counsel for Teekay Shuttle Tanker Finance L.L.C. (“Teekay Shuttle”), Bossa Nova Spirit L.L.C. (f/k/a ▇.▇.▇.

More Definitions of Shuttle Tanker

Shuttle Tanker means a tanker that is normally used in the Offshore Area to transport oil produced from the Hebron production facilities to either a transshipment facility in the Province or directly to market.