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Sipsa S.A. engages in shipping and real estate activities in Argentina and Panama. Its real estate business includes the purchase, sale, exploitation, leasing, and general administration of urban and rural properties, as well as the construction of civil works; and shipping business includes maritime dry cargo transportation. The company was formerly known as Sociedad de Inversiones Industriales y Pesqueras SA and changed its name to Sipsa S.A. in January 1990. The company was incorporated in 1987 and is based in Santiago, Chile. Sipsa S.A. is a subsidiary of Inversiones La Araucana S.A.