COSCO SHIPPING BULK (UK) COMPANY LIMITED

Cosco UK assignment

Created on 19 Jul 2004

Delivered on 21 Jul 2004

Status outstanding

Persons Entitled

Yuanaan Sea Maritime Inc

Amount Secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short Particulars

All righst title interest and benefits in all or any freights or other moneys whatsoever and the companys insurances. See the mortgage charge document for full details.

Transactions

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Cosco UK assignment

Created on 23 Jun 2004

Delivered on 28 Jun 2004

Status outstanding

Persons Entitled

Yuankun Sea Maritime Inc

Amount Secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short Particulars

All rights title interest and benefits in and to all or any freights hire earnings or other moneys whatsoever the companys insurances. See the mortgage charge document for full details.

Transactions

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Cosco UK assignment

Created on 02 Apr 2004

Delivered on 13 Apr 2004

Status outstanding

Persons Entitled

Yuanning Sea Maritime Inc.

Amount Secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short Particulars

All or any freights, hire, earnings or other moneys whatsoever payable or which may become payable to the company under any charter; the company's insurances. See the mortgage charge document for full details.

Transactions

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Cosco UK assignment

Created on 08 Mar 2004

Delivered on 23 Mar 2004

Status outstanding

Persons Entitled

Yuanning Sea Maritime Inc.

Amount Secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short Particulars

All or any frieghts, hire, earnings or other moneys whatsoever payable or which may become payable to the company under any charter; the company's insurances. See the mortgage charge document for full details.

Transactions

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Cosco UK assignment re M.V. "cos lucky"

Created on 03 Apr 2003

Delivered on 10 Apr 2003

Status fully-satisfied

Persons Entitled

Cos Lucky Shipping Inc.

Amount Secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short Particulars

All or any freights hire earnings or other monies whatsoever payable. See the mortgage charge document for full details.

Transactions

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Cosco UK assignment

Created on 01 Nov 2002

Delivered on 22 Nov 2002

Status fully-satisfied

Persons Entitled

Cos Knight Shipping Inc

Amount Secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short Particulars

All the assignor's rights title and interest in and to all or any freights hire earnings or other monies whatsoever payable or which may become payable to the assignor under any charger or contract of affreightment during the sub-lease period. See the mortgage charge document for full details.

Transactions

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Side letter (supplemental to an assignment dated 24 september 1998)

Created on 23 Nov 1998

Delivered on 11 Dec 1998

Status fully-satisfied

Persons Entitled

Clovever Maritime Inc.

Amount Secured

All monies due or to become due from the company to the chargee under or by virtue of a sub-charter dated 21 september 1998 and the assignment dated 24 september 1998 or any judgement relating to the aforesaid

Short Particulars

All rights and interests in all sums standing to the credit of the account opened and maintained by the sub-charterer with the account bank designated "sea baisen account" with account number 31001144 and any interest accrued or accruing thereon. See the mortgage charge document for full details.

Transactions

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Side letter (supplemental to an assignment dated 24 september 1998)

Created on 23 Nov 1998

Delivered on 11 Dec 1998

Status fully-satisfied

Persons Entitled

Likakever Maritime Inc.

Amount Secured

All monies due or to become due from the company to the chargee under or by virtue of a sub-charter dated 21 september 1998 and the assignment dated 24 september 1998 or any judgement relating to the aforesaid

Short Particulars

All rights and interests in all sums standing to the credit of the account opened and maintained by the sub-charterer with the account bank designated "sea bailo account" with account number 31 00 02 70 and any interest accrued or accruing thereon. See the mortgage charge document for full details.

Transactions

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An assignment

Created on 24 Sep 1998

Delivered on 07 Oct 1998

Status fully-satisfied

Persons Entitled

Lilakever Maritime Inc.

Amount Secured

All monies due or to become due from the company to the chargee under or by virtue of a sub-charter dated 21ST september 1998 and the assignment or any judgement relating to the aforesaid

Short Particulars

All rights and interests of every kind which the sub-charterer now or at any later time has to, in or in connection with (a) the earnings; (b) the insurances;and (c) any requisition compensation (as defined). See the mortgage charge document for full details.

Transactions

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An assignment

Created on 24 Sep 1998

Delivered on 07 Oct 1998

Status fully-satisfied

Persons Entitled

Clovever Maritime Inc.

Amount Secured

All monies due or to become due from the company to the chargee under or by virtue of a sub-charter dated 21ST september 1998 and the assignment or any judgement relating to the aforesaid

Short Particulars

All rights and interests of every kind which the sub-charterer now or at any later time has to, in or in connection with (a) the earnings; (b) the insurances;and (c) any requisition compensation (as defined). See the mortgage charge document for full details.

Transactions

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