Chevron Shipping Company transports crude oil, refined products, liquefied petroleum gas and liquefied natural gas to customers worldwide. During 2010, we managed approximately 2,500 deep-sea tanker voyages using a combination of single-voyage charters, short- and medium-term charters, and company-owned and bareboat-chartered vessels.
Headquartered in San Ramon, California, Chevron Shipping also maintains regional offices in the major trading centers of Houston, London and Singapore. We offer a full range of services: transportation, commercial arrangements, risk management, and technical and marine operations consulting.
We commissioned our first tanker ship—an oil-fired steamer dubbed the George Loomis—in 1895. In 1920, we launched the first American tanker equipped with diesel-electric-drive propulsion. Our fleet has grown steadily from the days when barrels of oil were rolled onto the decks of sailing ships to the technically advanced supertankers of today.
As part of our ongoing fleet modernization program, we now have four modern, double-hulled U.S.-flagged tankers. We replaced two U.S.-flagged tankers in 2010, and we plan to retire another U.S.-flagged product tanker in 2011. The new tankers are expected to bring improved efficiencies to Chevron's fleet. To protect the environment, all the ships in Chevron's owned and bareboat-chartered fleet have double hulls.
Updated: March 2011