Worldscale means the New Worldwide Tanker Nominal Freight Scale as current on the day of commencement of loading of the Vessel in question.
Worldscale means the applicable standard freight rate stated in the most recent edition of the New Worldwide Tanker Nominal Freight Scale jointly published by Worldscale Association (London) Limited and Worldscale Association (NYC) Inc., or if Worldscale Association (London) Limited and Worldscale Association (NYC) Inc. shall no longer publish the New Worldwide Tanker Nominal Freight Scale, the equivalent replacement scale used in the shipping industry, expressed in USD per metric ton for the route specified.
Worldscale means, at any time under the Agreement, the most recent edition of the New Worldwide Tanker Nominal Freight Scale.
Examples of Worldscale in a sentence
The pricing of the transaction is expressed as percentage of the Worldscale flat rate (officially known as the “New Worldwide Tanker Nominal Freight Scale”), assessed and published by the Worldscale Association.
НДС по портовым сборам / расходам не включается в Worldscale Flat Rate по соответствующим портам погрузки Покупатель, как только будет практически возможным, сообщит Продавцу о возникших расходах, которые должны быть оплачены Продавцом.
The ports of Ras Tanura, Saudi Arabia and Ningbo, China (previously Chiba, Japan when the route was named TD3) reflect reference points that are used to assess a Worldscale flat rate.
The offshore terminal Bonny, Nigeria and the port of Rotterdam, Netherlands reflect reference points that are used to assess a Worldscale flat rate.
The ports of Houston, USA and Amsterdam, Netherlands reflect reference points that are used to assess a Worldscale flat rate.
More Definitions of Worldscale
Worldscale means New Worldwide Tanker Nominal Freight Scale.
Worldscale means Worldwide Tanker Nominal Freight Scale. CONFIDENTIAL TREATMENT REQUESTED SHELL INTERNATIONAL TRADING AND SHIPPING COMPANY LIMITED for and on behalf of SHELL TRADING INTERNATIONAL LIMITED Signed: /s/ [Authorized Officer] Date: 13 April 1999 ICI CHEMICALS & POLYMERS LIMITED Signed: /s/ [Authorized Officer] Date: 13 April 1999
Worldscale means the tanker nominal freight scale applying to the carriage of oil in bulk as promulgated by Worldscale Association (London) Limited or Worldscale Association (NYC) Inc. (as applicable) or any successor thereto, in effect as of the date of the Agreement.
Worldscale means, at any relevant time under this Agreement, the applicable standard freight rate stated in the most recent edition of the New Worldwide Tanker Nominal Freight Scale jointly published by Worldscale Association (London) Limited and Worldscale Association (NYC) Inc., expressed in U.S. dollars per metric ton for the route specified;
Worldscale means the most recent published edition of the Worldwide Tanker Nominal Freight Scale.
Worldscale. Means worldwide tanker nominal freight scale.
Worldscale means the New Worldwide Tanker Nominal Freight Scale as current on the day of commencement of loading of the Vessel in question.PART F - Attachments Attachment A - Seller’s Letter of Indemnity format LETTER OF INDEMNITYIn consideration of your paying for the cargo of {VOLUME} U.S. Barrels/Metric Tons of {TYPE OF PRODUCT} which sailed from {PORT} on {VESSEL} on {BILL OF LADING DATE} loaded with the cargo when the full set of Bills of Lading and Original Shipping documents for the cargo have not been delivered to you at the time payment is due under our contract dated{CONTRACT DATE} We hereby warrant to you that at the time property passed as specified under the terms of the contract we had the right to sell the cargo to you, and we had unencumbered title to the cargo. We hereby undertake to indemnify you and hold you harmless against any claim made against you by anyone as a result of breach by us of any of our warranties as set out above; and all loss, costs (including, but not limited to, costs as between attorney or solicitor and own client), damages, and expenses which you may suffer, incur, or be put to which are not too remote as a result of our failure to deliver the above document(s) in accordance with the contract. This indemnity shall be limited in value to 200% CIF or FOB value of the cargo based on agreed delivery method, and shall expire at the earlier of (i) on delivery by us of the aforesaid document(s) and their acceptance by you; or (ii) at 24.00 hours on the day 36 calendar months after the date of discharge unless before that time Sellers have received written notice from Buyers that: a) some person is making a claim in connection with the warranties set out above or, b) legal proceedings have been commenced against Buyers for the same reason. When Sellers have received such notice, then this indemnity shall continue in force until such claim or legal proceedings are settled. This indemnity shall be governed by and construed in accordance with New York Law and all disputes, controversies, or claims arising out of or in relation to this indemnity or the breach, termination, or validity hereof shall be subject to the exclusive jurisdiction of the New York Courts. Signed: {NAME} {POSITION}Company: ..........Attachment B - Renewable Identification Numbers The terms of this Attachment B shall only be applicable to the transfer (sale and purchase) of Renewable Identification Numbers in connection with the sale and purchase of physical Products ...