SPT Inc. (“SPT” or the “Company”) announced today that on August 1, the Company accomplished the safety milestone of working 365 days without a lost time injury (an injury requiring time off from work). SPT is a worldwide provider of marine transfer services and leads the industry with its safety performance. SPT has continually made safety its top priority, investing in simulator training for all Mooring Masters and crewmembers, and increasing the frequency of near miss reporting to identify a potentially unsafe condition before it escalates into an incident. "Be Safe, Lighter Right is our motto at SPT,” said Simon M. Duncan, President of SPT. “This is a significant achievement for our employees and the company and reflects the exceptional commitment to safety we have from our Captains, Crew and Mooring Masters. We are proud that we employ all of our Mooring Masters and crew, and this achievement highlights the benefits of employing the best in the industry." SPT Inc., headquartered in Houston, TX, is a jointly owned company of I.M. Skaugen and Teekay Shipping. SPT is a leading provider of marine transfer services for crude oil products and LNG. The Company provides ship-to-ship transfers around the world from its bases in Europe, the United States of America, West Africa, Asia and the Middle East. At the same time, SPT has taken its considerable skills developed in the oil sector to commence LNG ship-to-ship transfers and terminal management services. For more information about SPT, visit www.sptmts.com .