Business Summary
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I.M. Skaugen SE is a Norway-based holding company, active within the marine transportation sector. The Company designs, builds, owns and manages approx. 38 vessels. The fleet comprises petrochemical gas, liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers, Aframax tankers and lightering support vessels, barges and tugs. It operates under the brand names Norgas and SPT Skaugen PetroTrans. It operates within three business areas: Gas Activities, which are conducted by Norgas Carriers AS, and comprise transportation of petrochemical gases and carbon dioxide (CO2); China Activities, which are conducted by Skaugen (China) Holding Company and are concentrated on domestic gas and chemical transportation, training of seafarers and building new vessels, and Marine Transfer Activities, that are conducted by Skaugen Petro Trans, Inc., and comprise marine transfer of crude oil and LNG. I.M. Skaugen SE's activities are stretched throughout Northern America, Europe and Asia.
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