Persons entitled
- National Westminster
Amount secured
1760000
Short particulars
Financial agreement 1. all the companys beneficial interest and all its benefits, rights, and titles in and under a building agreement dated 16/4/81 and made between (1) the company and (2) the goole shipbuilding and repairing co LTD ("the builder") re- lating to the construction and purchase of a bulk carrier to be known during construction as yard no 600 ("the vessel including the vessel as she is con- structed and all materials and things intended for the vessel as soon as they arrive in the building yard, and appro- priated to her (but subject always to the builders lien thereon as referred to in the contract and monies (if any) payable by the builder to the company thereunder. 2. allmonies payable to the company in respect of the insurance effected by the builder under the contract and all the companys joint or other interests in connection with such insurance.