Persons entitled
- The Hongkong and Shanghai Banking Corporation
Amount secured
All sums due or to become due
Short particulars
All the rights title and interest of the owner in and to all freight sub-freight charterhire rentals passage monies compensation payable in the event of requisition for hire remuneration for salvage and towage services general average contributions demurrage and detention monies damages for breach or payments for variations or termination of any charterparty or sub-charterparty or other contract for the letting hire use or employment of the vessel which has been or which may be entered into or any contract or engagement of affreightment for the carriage of cargo or goods now existing or hereafter entered into relating to the vessel or any joint ventures relating to the vessel or otherwise due or which become due to the owner in respect of the vessel or the ownership use operation or management of the vessel by virtue of any contract now or hereafter existing or otherwise howsoever. Undertaking and all property and assets present and future of the company including uncalled capital.
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge