Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • abbr. very large ore carrier (a type of ore carrier, a kind of bulk carrier, used to carry ore in bulk form)
  • abbr. VOR/Localizer

Etymologies

Sorry, no etymologies found.

Examples

  • The association in December cited how the Vale Beijing, a VLOC, had to be towed for repairs after cracks appeared in its ballast tanks.

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  • OceanFreight owns a fleet of six vessels, comprised of six drybulk vessels (four Capesize and two Panamaxes) and has contracted to purchase five newbuilding Very Large Ore Carriers (VLOC) with a combined deadweight tonnage of about 1.9 million tons.

  • The merger with OceanFreight offers us a unique opportunity to renew DryShips fleet, increase our presence in the Capesize/VLOC sector and augment our fixed revenues, and to do so at a low point in the cycle at what we consider to be an attractive valuation.

  • OceanFreight owns a fleet of eleven vessels, comprised of six drybulk vessels (four Capesize and two Panamaxes) and five newbuilding Very Large Ore Carriers (VLOC) with a combined deadweight tonnage of about 1.9 million tons.

  • Vale's competitive threat to Chinese shippers took an especially serious turn last June when the mining company said it's first VLOC, the Vale Brasil, planned to deliver ore to China.

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  • Add the 5 new VLOC @ $55M, you get another $275M ... but I'm not sure how much of that has been already paid for in advances.

  • In the Company's near-infrared optics business, VLOC manufactures near-infrared and visible light products for industrial, scientific, military and medical instruments and laser gain materials and products for solid-state YAG and YLF lasers.

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  • The first VLOC is expected to be ready for service in early 2011.

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  • While explaining about the transportation of iron ore from Brazil to Oman, Roger stated that Vale, which has presence in 30 countries, has entered into an agreement with Oman Shipping Company (OSC) for the construction of four very large ore carriers (VLOC), each with 400,000 tonne capacity.

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  • We project that at least this 25\% reduction in commercial business at VLOC will carry through the rest of the fiscal year.

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