Examples of Newbuilding Vessels in a sentence
Newbuilding Vessels Deliveries Between July 1, 2015 and October 29, 2015 the Company has taken delivery from shipyards of the following newbuilding vessels: SBI Echo, an Ultramax vessel, was delivered from Imabari Shipbuilding Co., Ltd.
The Directors (including the independent non-executive Directors) consider the acquisition of the Newbuilding Vessels will enable the Company to increase its market share in the import of iron ores into China, optimize the composition of its fleet and expand the capacity of its self-owned fleet of dry bulk vessels.
Meinel, 202 P.3d 126, 130 (N.M. 2008); Churchill, 876 A.2d at 316; Firth, 775 N.E.2d at 465.
Distributors noted that sometimes farmers are unable to provide an agreed- upon quantity, and farmers’ deliveries often vary fromweek-to-week and harvest-to-harvest.
A billing fee of $5.00 will be added to your account each time we have to send you a bill.
The Parent or one or more of its Subsidiaries has entered into a commitment letter in respect of a facility of up to $120,000,000 with a tenor of six years to be extended to partially fund the purchase of the Newbuilding Vessels.
Such increase in handysize revenue days is expected to enhance earnings accordingly.In addition, the Directors consider the transactions to be attractive taking into account the contract prices achieved and the early delivery of the Newbuilding Vessels, which compare favourably with the availability of similar newbuildings from shipyards elsewhere.
Six of these newbuildings (188,100 dwt) will enter into the owned fleet (including the Newbuilding Vessels) and four will enter into the chartered-in fleet (116,200 dwt).There is no distinction between the use of owned, chartered-in and managed vessels, save to the extent that the Company generates freight and charter-hire income for the owned and chartered-in vessels, but generates ship management income for the operations of the managed vessels.
This document constitutes the circular which the Company is required to send to you pursuant to the Listing Rules in relation to the acquisition of the Newbuilding Vessels.
Should such financing not be arranged, the entire purchase price of the Newbuilding Vessels will be funded from internal resources.