To carry on business of marine service, general mariners, chandlers, fonders, dry docks, jetties and foundries.
To buy, sell export, import and deal in all kinds of goods (whether or not manufactured in whole or in part) in any part of the world, and to carry on the business of general merchants, industrialist, clearing and forwarding agents and general contractors.
To carry on the business of trading ,genral contract, sales and distribution of general goods, be they manufactured or not, commission agents, manufacturer’s representatives, importers, exporters, general suppliers, general contractors and general merchants; to buy, sell, manufacture and deal in all articles, substances, products, systems and appliances that will enable it realize is set objectives or that is commonly or usually bought, sold, manufactured or dealt in by persons carrying on any of the businesses having similar objects to that of the company.
To carry on the business of marine transportation in all its ramification, (excludingair) to acquire, purchase, take in exchange charter, hire, build contruct and to own, work, manage, and trade with stream sailing motor and other ships, drifters, tugs and vessels, to establish and maintain lines or other out board engines and to carry on the business of ship owner and to enter into contract for the carriage of mails, passengers and goods.
To acquire license and engage in lifting of crude oil and all other petroleum products, including gas and gasoline, petrol-chemical kerosene by exportation from the country and to engage in bulk and massive importation of refined petroleum products including, fuel, gas, gasoline, kerosene petrol-chemical and all allied products from outside through air and sea, and to engage in haulage and distribution of these products within the country by using tankers and petrol stations all over the country.
To borrow or raise money in such manner as the company shall think fit, and in particular by the issue of debenturesor debenture stock (perpetual or otherwise).
To do all such other things as may be considered to be incidental or conducive to the attainment of the above objects or any of them.
