All right title and interest present and future in to and under (a)the insurances including all payments in respect thereof and all claims rights and remedies arising therefrom (b)any requisition compensation (c) all sums of money which may as at 15TH december 1998 or in the future be standing to the credit of an account (d) the charterparty, the construction supervision agreement, the uih guarantee of charter and the secondary put option agreement and all claims rights and remedies arising therefrom (e) the novated shipbuilding contract in respect of the vessel known as hull number 1160 and named as "hual martita".

Two ordinary shares in the share capital of martita shipping limited issued and held by to the order or on behalf of the ghargor at any time including all dividends interest and other monies arising from the shares. See the mortgage charge document for full details.

Right title and interest under a deed of general assignment, a time charter, a guarantee dated 20 march 2000, the benefit of the insurances in respect of the said vessel and any compensation.

All of the right title and interest of the company in to and under a deed of general assignment dated 20 march 2000 and made between the owner and the bareboat charterer as amended and supplemented by a supplemental deed of assignment. See the mortgage charge document for full details.