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Selective and competitive
shipping |
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Safety, environment and sustainable development are a constant preoccupation for Total
5 years
: average age of our time-chartered vessels’ fleet (as of 01/01/08)
10 years : average age of world tankers’ fleet (as of 01/01/08) |
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A comprehensive
vision of the market |
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Our shipping is in charge of
the entire Group’s physical cargoes transportation, as
far as crude oil and refined products are concerned. It also
offers the trading department a full spectrum of maritime transport
services necessary for its performance.
The respective shipping and trading teams are clearly integrated.
Fulfilling these tasks implies a wide coverage and an active
presence in all shipping markets, from crude tankers to refined
products carrying vessels of all sizes. Our chartering teams
conclude more than 3,000 contracts of carriage each year, and,
at any given time, have more than one hundred vessels on charter
(sixty of them on time-charter). |
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A
balanced fleet |
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We maintain a flexible approach
to chartering, based on long term, medium term and short term
time-charters, and on a spot charter fleet which responds to
the short-notice requirements. All chartered vessels strictly
respect quality requirements which are considered to be among
the most severe within the industry. |
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A maximum
security requirement |
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Safety and environment are all important for TOTAL. Strict requirements have been set with a view to increasing transportation safety. We are committed to a policy of not chartering crude oil or petroleum products tanker vessels over 20 years of age.
We are pursuing a dynamic policy in order to modernize our fleet:
the average age of a vessel in our time-chartered vessels’ fleet is now 5 years (as of 01/01/08), one of the lowest in our industry. |
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