All the grantors right title and interest as lessee in the head lease a nd all the grantors right title and interst as secured party in the head security agreement.

All the lessees right title and interest in and to the assigned payments and all sums paid and all the lessees right to sue for the payment or recovery of all sums pursuant to a secondary lease agreement.

The self propelled cutter suction dredger registered under the flag and laws of luxembourg and under the name "jfj de nul" at the port of luxembourg with identification code 03241A and imo registration number 9260677.

PLC vessel "jfj de null" and the proceeds , insurances and compensation award.

All rights and interest in the workboat registered in the ownership of the mortgagor under the flag and laws of luxembourg and under the name "DN43" at the port of luxembourg with identification code 04542P and imo registration number 9317303 (the "vessel").

(A) the vessel and the proceeds (b) all rights and interests of every kind which the company now or at any later time has to, or in connection with (I) the insurances and total loss proceeds; and (ii) any compensation award. See the mortgage charge document for full details.