press release

Chevron Press Release - Chevron To Christen Newest Tanker the Chevron Employee Pride

SAN FRANCISCO, Jan. 19, 1994 -- The newest tanker in Chevron's fleet will be christened March 1 in Brazil as the Chevron Employee Pride, the company announced today.

Breaking from the tradition of naming ships after Chevron directors or geographical regions, the company will honor its worldwide work force.

"We take enormous pride in the safety and operational performance record of our fleet," said Chevron Shipping Company President Doug Wolcott. "Naming a vessel after a person -- or in this case a group of people -- is the highest honor we can bestow."

Chevron Chairman Ken Derr said, "This vessel will carry an enduring message of pride for many years."

Selected to christen the tanker are five employees who represent the diversity and breadth of talent among the 43,000 people of Chevron. They are: Koby Carlson, from Chevron U.S.A. Production Co. in Hobbs, N.M.; Peter Chan, Chevron Information and Technology Co. which is based in San Francisco; Wilbert Huff, from Chevron Chemical Co.'s Cedar Bayou, Texas, facility; Terry Rock, from Chevron U.S.A. Products Co.'s facility in Concord, Calif.; and Kurt Tollefson, from Chevron Shipping in San Francisco.

Each of the five individuals has received a Chairman's Award for a significant cost savings plan or process improvement with broad impact on the company.

The addition of the new 149,000-deadweight-ton, double-hulled vessel, built by Ishikawajima do Brasil Estaleiros S.A. (ISHIBRAS), brings to 39 the number of vessels in Chevron's fleet, 11 of which are double hulls. The Chevron Employee Pride will trade primarily between the United States and West Africa, Indonesia and the Middle East.

Updated: January 1994