Agreement Vessel Law and Legal Definition

According to 46 USCS § 53501 [Title 46. Shipping; Subtitle V. Merchant Marine; Part C. Financial Assistance Programs; Chapter 535. Capital Construction Funds], agreement vessel means--

“(A) an eligible vessel or a qualified vessel that is subject to an agreement under this chapter; and

(B) a barge or container that is part of the complement of a vessel described in subparagraph (A) if provided for in the agreement.”