The company's purpose is to engage in all activities and services related to high seas activities, such as training and further education, conducting voyages and trading in ships. The company may enter into any business and conclude contracts that are suitable to promote the purpose of the company, or that are directly or indirectly related to it, establish branches in Switzerland and abroad, and participate in or merge with other companies. Furthermore, it may acquire, hold and sell real estate and securities as well as intellectual property rights, and grant loans.