VLCC definition

VLCC means a crude oil carrier vessel with a deadweight tonnage between 200,000 and 320,000 deadweight tons. “Warrant Consideration” means an aggregate of 425,000 warrants to purchase Buyer Common Stock.
VLCC means a vessel that is in the class of Very Large Crude Carrier, as that term is used in the shipping industry.
VLCC means each of the Vessels that is between 200,000 and 320,000 dwt.

Examples of VLCC in a sentence

  • The same shall be sent to the following addresses and/or telefax numbers VLCC Acquisition I Corporation c/o General Maritime Corporation 299 Park Avenue Second Floor New York New York 10171 USA For the attention of: CFO ▇▇▇▇▇▇▇▇ ▇.

  • The Shipowner is the registered owner of the Republic of __________________ flag VLCC "_____" (the "Vessel"), Official No. __________, of ______ gross tons and _____ net tons, duly documented in the name of the Shipowner under the laws and flag of the Republic of _____________ with her home port at the port of ________.

  • Nikolas Suezmax 149,876 2008 Republic of the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ VLCC 314,000 2001 Islands of Bermuda 733717 29 Genmar Vision VLCC 314,000 2001 Islands of Bermuda 733716 None.

  • The Sellers or their affiliated entities are the bareboat charterers of 4 VLCC vessels (as more particularly defined below, the “Vessels” and individually, a “Vessel”), and the Sellers have agreed to purchase the Vessels from their current owners.

  • Each Bonus Payment Schedule shall set forth, in each case with respect to the preceding quarter, (i) the TCE revenues of the VLCCs, (ii) the TCE revenues of the Suezmaxes and (iii) the Charterer’s calculation of the VLCC Bonus Amount, the Suezmax Bonus Amount and the aggregate thereof on a year to date basis less any agreed Bonus Amount(s) for the preceding quarters in the relevant calendar year (the “Bonus Amount”).


More Definitions of VLCC

VLCC means very large crude carrier.
VLCC means a very large crude carrier with a DWT range of 200,000 to 319,999 metric tons.
VLCC has the meaning assigned to such term in the recitals above.
VLCC means each of the Vessels that is classified as a VLCC tanker vessel (between 200,000 and 295,000 dwt).
VLCC means the Overseas ▇▇▇, the Overseas ▇▇▇▇▇ and the Regal Unity.
VLCC. Very large crude carrier.
VLCC means Very Large Crude Carrier, over 160,000 DWT (deadweight tons).