Persons entitled
- Den Norske Bank As
Amount secured
Us $12,000,000 or its deutsche marks equivalent and all other monies due from the company, kumasi (UK) LTD and ot africa line limited to the chargee under the terms of the agreement and the rest of the security documents (as defined)
Short particulars
All the company's right title and interest in and to:- 1) the time charter party dated 5 january 1996 made between the company and ot africa line limited and any other charter or contract of employment in respect of the company's vessel "kukawa"; 2) the earnings; 3) the insurances; any and all requisition compensation etc.. see the mortgage charge document for full details.