(1) all the company's beneficial interest & all it's benefits rights & titles in & under the contract & the novation agreement including the vessel & all machinery & equipment thereon (2)all moneys payable to the company in respect of the insurances under the contract & novation agreement.

(1) any moneys which may be payable to the company in accordance with the financial agreement or the deed of covenant (2) the vessel presently being constructed for the company by appledore shipbuilders limited.

64/64TH shares of and in the motor vessel " arco arun" official no: 713645.

All the companys interest present & future in the motor vessel " arco arun" registered at the port of southampton official no 713645 inc interests and benefits.