The company aims to operate a shipping company, in particular the operation of tankers, as well as leasing and chartering of ships. Furthermore, trading in ships and providing all related services and ancillary services. The company may establish branches and agencies in Switzerland and abroad, acquire or establish similar or related businesses, acquire or sell real estate, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company directly or indirectly, or which promote the investment or management of the company's assets.