The company's purpose is to operate a shipping company, in particular to operate its own and third-party passenger ships, as well as to lease and charter ships. Furthermore, the company's purpose is to trade in ships and all related services and ancillary services, such as catering. The company may acquire or establish similar and related businesses, as well as acquire, manage and sell licenses, patents and other intangible assets, as well as real estate. It may establish branches and subsidiaries in Switzerland and abroad and conduct all business that is connected with the company's purpose or is suitable to promote it. The company may also provide direct or indirect financing to its direct or indirect subsidiaries, its direct or indirect shareholders and their direct or indirect subsidiaries, as well as to third parties, and provide security for its own liabilities and those of other companies (including its direct or indirect subsidiaries, its direct or indirect shareholders and their direct or indirect subsidiaries, as well as third parties) of any kind, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether paid or unpaid.
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