With almost 100 years of history, SPT’s customers benefit from our rich experience and solid grounding. From the business’ inception, its leaders created a company that pursued excellence in a variety of marine operations. Today, SPT is the leading marine transportation service company in the world.

1916

Isak Martinius Skaugen established his company D/S-A/S

1929

Contracted to build first tanker with diesel engine

1940

Fleet placed under the control of exiled Norwegian government in the UK during World War II; Only two vessels survived

1946

Replacing lost tonnage and established new trade routes from the US west coast to the Far East

1950-1959

Vessels carry 170,000 World War II refugees to Australia

1960s

First foray into large scale transfers at sea

Founded Norwegian Bulk Carrier (NBC), which reached 100,000 DWT vessels

1968-1988

Enters cruise business and founded Royal Caribbean Cruise Line

Commissioned fleet of 4 new bulk carriers to serve large freight contracts to shallow ports

1970s

Contracted with Ford Motors and built car decks in bulk carriers

1974

Owned tonnage released and replaced by chartered vessels

Established Skaugen Offshore and Skaugen Drilling

1981-1988

"Pure Car Carrier" designed and built

1988-2000

I.M. Skaugen went public and registered

Established Norwegian Gas Carriers (now Norgas)

Established Jahre Skaugen Carriers to provide bulk carrier tonnage to service long-term shipment of iron ore from Brazil to Japan

2003

SPT is a jointly owned company of  I.M. Skaugen (50 percent) and Teekay Shipping Corporation (50 percent).

2006

SPT performed the world’s first commercial lightering operation of LNG

2007

Long-term bareboat charter commenced with delivery of SPT Champion

SPT expanded into Europe, Russia and West Africa markets