All the company's rights title, interest & benefit present & future in and under the a) M.V. "city of westminster" b) the earning & insurances of the vessel & any compensation payable in respect of requisition for title or other compulsory acquisition of the vessel.

64/64TH shares of and in M.V. "city of westminster" registered at the port of london under official no 718665 in the name of the company.

A) any moneys payable to the company in accordance with the terms of the new deed of covenant dated 28/6/90 b) 64/64TH shares in the vessel (being M.V. "city of westminster") registered at the port of london under official no 718665 (see form 395 for full details).