Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • verb Present participle of drydock.

Etymologies

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Examples

  • During the quarter ended June 30, 2011, the Company incurred 28 off hire days for vessel scheduled drydocking.

    unknown title 2011

  • Therefore, NAT has a claim against the charterer for drydocking and other costs that the charterer is obligated to cover under the bareboat charter.

    unknown title 2011

  • During the second quarter of 2011 we continued our drydocking program and drydocked five vessels including two vessels which entered into drydock during the first quarter of 2011, for a total of 83 days.

    unknown title 2011

  • In terms of maintenance capital expenditure, we expect to incur approximately $2.1 million in drydocking costs for the remainder of 2011.

    unknown title 2011

  • During the six months ended June 30, 2011, the Company incurred 104 off hire days for vessel scheduled drydocking.

    unknown title 2011

  • By year end, we have resolved the delays and these vessels had completed their drydocking.

    unknown title 2012

  • As for capital and drydocking spending, we expect to spend approximately 55 -- I'm sorry, we spent approximately $55 million in 2011, which was at the low end of our initial guidance of $55 million to $65 million provided at the beginning of last year.

    unknown title 2012

  • Out of pocket cash for CapEx and drydocking is expected to approximate $80 million.

    unknown title 2012

  • The increase in CapEx in drydocking reflects the deferral of certain items from 2011 to 2012 and also reflects a greater number of special surveys planned for 2012.

    unknown title 2012

  • The shipping industry uses fleet utilization excluding drydocking off hire days to measure a Company's efficiency in finding suitable employment for its vessels and excluding the amount of days that its vessels are off hire for reasons such as scheduled repairs, vessel upgrades, or dry dockings or special or intermediate surveys.

    unknown title 2011

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