60 64TH shares in the M.V. "mersey venhire" registered at the port of london - no 389224.

All monies due or to become due from the company and/or forward leasing (GB) limited to the chargee on an account current under the terms of a deed of covenant of even date & regulated by a financial agreement 3/9/82

The ship, & the earnings.

Further securing £4,960,000 and all other monies due or to become due from the company and/or forward leasing (GB) limited to the chargee secured by a mortgage of even date under the terms of a financial agreement dated 3/9/82