Vision, concept, goals & strategy

Vision

TransAtlantics vision is to be the natural choice for their customers within the segments we operate in. Through committed work as a professional partner we provide solutions and systems of high quality and efficiency, adjusted for our customers needs.

 

Business concept
TransAtlantic Industrial Shipping offers customer-intimate and cost-effective sea transports and logistics solutions through a high level of expertise, efficient systems and adapted tonnage.

The business area Offshore/Icebreaking shall develop the company’s broad competence and experience of operations in ice and areas with tough weather conditions. We will provide a wider service offer to our customers, supported by our fleet consisting of AHTS and PSV vessels.

 

Financial goals

  • Annual growth of 5-10% 
  • Investment income over an economic cycle of at least:
  • 12% for shareholders’ equity
  • 10% for capital employed
  • Equity/assets ratio of at least 30%
  • Average dividend of annual net profit of 33%

 

Strategy 
TransAtlantic shall develop business pertaining to existing leading-edge expertise ice, sea and system operations. The organisation shall be developed that is focused on business influences and customer knowledge. To successfully create a completely new work method and a strategy, a new culture must be created in TransAtlantic. The foundation for this work is Safe Delivery:

  • Safety - no personal injuries, no damage to cargo, vessel and the environment
  • Punctuality - always on schedule
  • Reliability - always fulfilling customer's expectations
  • Environmental consideration - with minimum impact on the environment

Focus 2011

 

  • Prepare for a future spin-off of the company aimed at securing future focus and expansion in the Group's respective areas of operation, Industrial Shipping and Offshore/Icebreaking.
    - Continue to streamline the operations within the Industrial Shipping business area and integrate the acquired shipping and logistics company Österströms into the organization.
    - To widen our customer offer and to increase the share of long-term contracts for vessels in the Offshore/Icebreaking business area.

 

  • Create awareness and understanding for customer's needs and how customer value may be generated.

 

  • Conduct investments in markets, competency and systems.

 

  • Continue safety and environmental efforts to become a leading shipping company in these areas.