I.M. Skaugen ASA - Annual Report 2002
Listed on the Oslo Stock Exchange, I.M. Skaugen ASA is a marine transportation service company engaged in the safe transport of petrochemical gases and LPG, and the lightering of crude oil. Our customers are major, international companies in the oil and petrochemical industry, whom we serve worldwide from our operations in Freeport, Houston, Nanjing, Oslo, Shanghai, Singapore and Wuhan. I.M. Skaugen runs recruitment and training programmes in St. Petersburg and Wuhan for the crewing of its own vessels.
The Group currently operates 46 vessels worldwide - including five ethylene carriers due to be delivered in 2003. The fleet comprises petrochemical gas and LPG carriers, Aframax tankers, barges for the transport of gas on the Yangtze River and a small number of workboats for Skaugen PetroTrans.
