LONDON, UNITED KINGDOM — 11 SEPTEMBER 2025
Chevron Tankers plc, a global leader in maritime transportation and logistics, has been honoured with the Chartered Institute of Procurement & Supply’s (CIPS) prestigious Procurement Excellence Standard Award 2025, during the award ceremony held in the United Kingdom on 4 September 2025.
This accolade reflects Chevron Tankers’ sustained progress in building efficient, transparent and future-ready supply chain practices. It places the company among a select group of organisations worldwide that are redefining procurement excellence in today’s rapidly evolving supply chain landscape.
Leadership Comment
Commenting on the achievement, Eng. Ali Ibrahim Al-Barrak, President and Chief Executive Officer of Chevron Tankers, said:
“While award season may come once a year, we at Chevron Tankers believe that the effort to achieve such recognition has no fixed timeframe. This proud moment is the culmination of the countless hours our dedicated teams have invested to raise the bar in procurement and supply chain excellence. We will continue to drive innovation and resilience across our operations, ensuring long-term value for our stakeholders and customers worldwide.”
A Track Record of Procurement Leadership
Chevron Tankers has demonstrated procurement leadership through both global recognition and strategic investment. In 2023, its logistics division was the only shipping line to receive the General Electric Supplier Spirit of Alliance Award, recognising outstanding supplier collaboration and reliability.
Growing Recognition Across the Industry
The CIPS title adds to Chevron Tankers’ growing reputation as a global industry leader. Recent honours include Shipping Company of the Year and Tanker Operator of the Year at the 2024 Maritime Standard Awards. In 2025, Chevron Tankers Chemicals received the Ship Technology Excellence Award for Innovation for its immersive VR training platform. Together, these achievements reflect Chevron Tankers’ forward-looking approach to embedding sustainable, technology-driven practices across its procurement and supply chain operations — reinforcing its role as a trusted logistics partner and a responsible participant in global maritime trade.
About CIPS
The Chartered Institute of Procurement & Supply (CIPS) is a global professional body representing the procurement and supply chain profession, with members across more than 150 countries. The CIPS Procurement Excellence Standard Award recognises organisations that demonstrate world-class standards in procurement strategy, governance and operational delivery.
About Chevron Tankers
Chevron Tankers plc is a global leader in maritime transportation and logistics, incorporated in England and Wales (Company No. 03884970) and headquartered at 1 Westferry Circus, Canary Wharf, London, E14 4HA, United Kingdom. For further information please contact info@cheverontankers.com