The Elegant Exit Company is a new venture with a purpose-driven goal, namely to change the self-evidently unhappy ship-recycling scene and offer series of ships a green and socially responsible ELEGANT alternative, with our Own, Operate and Recycle EXIT. To be able to make our ship recycling more industrial and innovative we will need a secured and well-planned fleet of vessels committed to recycling well in advance, for which we will buy these vessels (own) and operate them for as long as required towards the planned recycling date. Additionally, we will introduce a sale and lease back construction with the residual value and end of lease aligned with the planned recycling date. To fill in possible production gaps we will also buy some vessels for prompt recycling.