Founded by a respected retired naval officer, Dylon 'The Admiral' Pennisi, the company was founded to become the regional leader in imports and exports, helping to improve the lives of the citizens of Apreea and its eastern peninsulas. Specializing in scheduling, weather patterns, and sailing expertise, it did not take them long to amass an impressive fleet.

During their formative years, the company discovered a small mining community called the Mineral Grove built around a small mine that contained precious ores and gemstones. Seizing the opportunity, the company purchased the mine, the Mineral Expanse Mineshaft - and proudly announced their plans to expand the mine for the benefit of the community. The investment was substantial; the mine was a small sum compared to the ongoing investments made to the Mineral Grove proper with respect to its infrastructure and workforce. The investment was initially profitable, but recent years have been proving difficult, much to the dismay of The Admiral. A great many assets are tied up in this mine/community, and unfortunately, production has reached an all-time low due to difficulties and unexpected complications in the mines below.

What's more: The locals are now disenfranchised with Terra Nova, as their once beautiful home has been transformed into little more than an industrial site. Many are leaving in search of a new start, no longer willing to brave the mines for the now meager sums they are earning. These difficulties have left the company in dire straits, and rapid changes are being demanded by leadership if the company is to survive.