The ship, earnings of the ship & the insurances as defined in the deed of covenant.

For further securing ukp 300,000 & all monies due from the company to the chargee secured by another charge dated 27.6.68.

The motor suction dredger "norleader" registered at port of liverpool under official no- 334218.

For securing all monies due or to become due from the company to the chargee on account current under the terms of an agreement & deed of covenant dated 27.6.68.