Isak Martinius Skaugen
Encyclopedia
Isak Martinius Skaugen was a Norwegian
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 businessperson.

He was a sea captain by profession. In 1916 in Risør
Risør
is a city and municipality in Aust-Agder county, Norway. The city belongs to the traditional region of Sørlandet. It is a popular tourist place. The surrounding area includes many small lakes and hills, and is known for its beautiful coastline as well....

 he founded the shipping company which still exists under the name I. M. Skaugen
I. M. Skaugen
I.M. Skaugen or IMS is a shipping company that operates within petrochemical gases and liquefied petroleum gas and lightering of crude oil and liquefied natural gas . IMS is horizontal integrated and designs, builds, owns and operates its fleet of vessels...

. His sons Sigurd, Brynjulf
Brynjulf Skaugen, Sr.
Brynjulf Skaugen, Sr. was a Norwegian businessperson.In his early career he took his examen artium, stayed at sea for some time and took an examination as an average adjuster....

 and Morits were taken on board as partners in 1952, and the brothers (Sigurd died in 1975) later controlled the company. The company was passed on to the third generation represented by Morits Skaugen, Jr.
Morits Skaugen, Jr.
Morits Skaugen is a Norwegian businessperson. He is the CEO of I. M. Skaugen SE. Skaugen joined the I.M. Skaugen SE board in late 1990 and became CEO in 1992, when the company initiated a complete turnaround process and restructuring...

 and Brynjulf Skaugen, Jr., and split in two, in 1990.

The Norwegian Society for Sea Rescue vessel RS Kaptein Skaugen was named after Isak Martinius Skaugen, and given to the Society by Morits and Brynjulf Skaugen.
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