Our vision is to be the leading provider of marine transportation services within our specified niche markets that can offer innovative maritime solutions as well as constructing smaller and specialized vessels at very competitive prices.

Our mission is to create shareholder value through our emphasis on achieving cost and service leadership, consistently improving customer service and focusing on operational efficiency and< thereby growing the profitability of our business.

The articles of association of I.M. Skaugen SE states that the business purpose of the company is; to engage in the shipping industry and other activities, and furthermore participate in other companies and activities as shareholder or in other ways.

The Board of Directors and management have determined the current strategic direction for the Company to be a fully-integrated Marine Transportation Service Company currently operating globally in three business segments:

• the hassle free transportation of petrochemical gases and liquefied petroleum gas (LPG)
• marine transfer activities
• design and construction of smaller and specialized high quality marine vessels

Our customers are large global companies operating in the oil and petro-chemical industries served through our internationally organisation.

We believe that in a global environment, the successful companies are those that can put together a multinational team of people with the best knowledge and highest enthusiasm - wherever they can find them, anywhere in the world.

Our teams - shore-side and seafaring - work round-theclock to serve our customers, 24 hours a day, 7 days a week, 365 days a year.

The Group also undertakes industry-leading recruitment and training programmes for seafarers through our training centers in China and Russia. These centers are crucial in order to secure a long-term supply base of well-trained officers and crew for our fleet.

Finally, the Company also undertakes investments in China to develop its core competence of carrying out business in China with the aim of providing core business activities in the country in the longer-term.