Health, Safety, Security & Environmental Policy

Oiltanking is committed to the safe and efficient operation of its facilities. Our goals is to prevent all accidents, injuries and occupational illness and to protect the environment. In order to achieve this, we will:

	Promote Health, Safety, Security & Environment (HSSE) in all of our companies and manage it in the same way as any other critical business activity.			Be prepared for a quick and efficient response to emergency situations to minimize the potential impact of incidents should they occur.
	Comply with all applicable laws and regulations and apply appropriate standards where legislation does not exist.			Design, build and maintain facilities and use services in a manner that prevents risk to people and the environment.
	Operate a sound HSSE Management System, in which competencies, responsibilities and communication channels are clearly defined.			Provide training and job-specific education to all employees - supported by internal standards, procedures and instructions.
	Provide a safe and healthy work environment for all employees and contractors with adequate facilities and appropriate protective equipment.			Use energy and natural resources efficiently, prevent pollution and raise employee's awareness to minimize adverse impacts on the environment.
	Identify and analyse potential hazards and security threats and implement measures to avoid, prevent, control and restrict the associated risks.			Set targets and benchmark our performance to achieve continuous improvement and ensure compliance with all applicable standards.

The management will visibly and rigorously support the implemetation of this policy. We also expect the support of all employees, contractors and others working for us in order to make our HSSE performance one which will earn us the continuing confidence of our customers, neighbours and the community at large.

Hamburg, October 2004