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Deficient management leads INDITEX on the verge of fail

BUCHAREST, ROMANIA - Zara wants to cover losses from theft with employees’ money.

The management, theft and losses give headaches to the Spanish group INDITEX, the owner of the ZARA chain. Only 10 months before, on July 25th, 2011, the publication Ziarul Financiar announced the fact that “INDITEX takes the manager from the Douglas perfumeries” pointing at Paul Cuza, who previously had the function of General Manager for Parfumerie Douglas SRL. Currently, the Romanian INDITEX group performs salary and structural changes without precedent, which the management team from Bucharest doesn’t want to explain.

The problem of the clothes theft is a known phenomenon, especially when it comes to expensive brands such as ZARA or Massimo Dutti. The phenomenon was publicly recognized even by the management of the INDITEX Group Romania, two years before. Probably worried by this fact, Mihai Cioltea, the development manager of the INDITEX Group from Romania, also named by the press as “the Zara man”, stated in 2010 for the economic website InCont the following: “They steal a lot. Only for the stores in Bucharest we have 10 cases of stealing per day, which we discover and, depending on the severity, we call the police”.[...]

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 15

Certification and Notice of Termination of Registration Under Section 12(g) of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

Commission File Number 33-56377-01

Chevron Transport Corporation Ltd.
(Exact name of registrant as specified in its charter)

Chevron House, 11 Church Street, Hamilton, Bermuda, telephone: (809) 295-1774
(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)

Charter Obligations relating to First Preferred Mortgage Notes issued by California Petroleum Transport Corporation
(Title of each class of securities covered by this Form)

None
(Title of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports: 

Rule 12g-4(a)(1)(i)         [  ]                Rule 12h-3(b)(1)(i) [x]
Rule 12g-4(a)(1)(ii)        [  ]                Rule 12h-3(b)(1)(ii)[  ]
Rule 12g-4(a)(2)(i)         [  ]                Rule 12h-3(b)(2)(i) [  ]
Rule 12g-4(a)(2)(ii)        [  ]                Rule 12h-3(b)(2)(ii)[  ]

Rule 15d-6 [ ]

Approximate number of holders of record as of the certification
or notice date: 22

Pursuant to the requirements of the Securities Exchange Act of 1934, Chevron Transport Corporation Limited has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person. 

DATE:  February 23, 2001             CHEVRON TRANSPORT CORPORATION LTD.



                                     By:    /s/ J. W. Rath
                                            --------------

                                            J. W. Rath, Assistant Treasurer



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