Persons entitled
- Den Norske Bank A.S.
Amount secured
£1,375,000 and all further sums due or to become due
Short particulars
A floating charge over the earnings, insurances and requisition compensation of the vessels "scott protector" and "normand ondur".
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge