AVIVA PACIFIC SHIPPING CORPORATION (APSC) is a service company engaged in the technical and commercial management of dry bulk vessels owned by third party companies. It also has its own fleet of LCT vessels engaged in transporting cargo. As a ship management company, it's relationship with Head Owners (registered owners) is based on a management agreement between the parties to ensure the profitability and seaworthiness of the vessels. In performing this agreement, APSC funds the head owners with periodical budgets for each vessel and also secures contracts with customers for the profitable commercial operation of the vessels.