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2005 Annual Report - Touax

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River barges<br />

Environmentally<br />

friendly<br />

Competitive<br />

Leasing<br />

Transportation<br />

173 barges,<br />

self propelled<br />

barges<br />

and pushboats<br />

1 st in Europe<br />

dry cargo barges<br />

A growth service driven by economical and environmental benefits.<br />

River transport remains the most competitive mode of inland transportation.<br />

It is also the least costly for the community and the most environmentally<br />

friendly, as it helps to take traffic off the roads.<br />

Customers rely on TOUAX for their fleet outsourcing needs and when<br />

subcontracting their river transportation requirements.<br />

A solid reputation for quality service among industry<br />

and transport operators<br />

The Group provides two types of service:<br />

2 transportation and chartering (40% of units),<br />

2 leasing of river barges (60% of units).<br />

As at 31 December <strong>2005</strong>, the TOUAX Group managed a fleet<br />

of 173 barges, self-propelled vessels and pushboats<br />

(including 133 barges), making it the largest company<br />

in Europe providing barge transport of bulk dry cargo,<br />

with a daily transport capacity of 379,463 tons (source:<br />

TOUAX).<br />

The barges operate principally under the “TAF” and<br />

“EUROTAF” trade names.<br />

TOUAX works on behalf of large industrial groups<br />

and transport operators such as EDF, Cargill, Dreyfus,<br />

Lafarge, GKE, etc. for the transportation of coal, grain,<br />

ore and all kinds of dry heavy goods.<br />

A unique international presence<br />

TOUAX benefits from a wide geographical presence:<br />

In France (Seine, Rhone), TOUAX leases barges transporting coal, grain,<br />

fertilizer, cement and construction materials, as well as large-volume<br />

packages.<br />

In the Netherlands (Rhine, Meuse, Moselle, Main), the Group leases barges<br />

and transports and stores phosphates, fertilizers, coal, ore and iron.<br />

In addition, the Group maintains a river link between Rotterdam and a large number<br />

of ports in the Benelux countries, France, Germany and Switzerland, for the<br />

transportation of containers.<br />

In Romania (Danube), the Group transports and stores<br />

grain, cement, steel, coal and ore on the Rhine-Main-<br />

Danube network, which extends over 2,500km across<br />

seven countries. TOUAX is one of the leading operators<br />

in the Romanian market.<br />

In the United States (Mississippi), TOUAX leases barges<br />

for the transportation of grain, steel coils, fertilizers<br />

and cement.<br />

In South America, TOUAX has sold its equipment and plans<br />

in the medium term to reposition itself in operational<br />

leasing and the lease-purchase of barges for the main local<br />

operators on the Parana river.<br />

annual report <strong>2005</strong><br />

6

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