The company's purpose is to engage in freight and tanker shipping. The company can buy, sell, rent and lease ships, as well as charter them. In addition, the company can participate in, found, acquire and merge with other companies of any kind, both domestically and abroad. It can acquire, encumber and dispose of real estate and intellectual property rights, both domestically and abroad, and establish branches and agencies domestically and abroad by resolution of the board of directors. Furthermore, the company can acquire, manage and sell securities. The company can also provide financing for its own account or for the account of third parties, as well as enter into guarantees, sureties and other security transactions for the benefit of other group companies. It can grant loans or credits to its direct or indirect shareholders or other group companies, conclude cash pooling agreements with them, and provide security of any kind for their liabilities to third parties.