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ATC at a Glance

Background

Organization

Owners

 

 

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_Owners: ATC is owned by BP, Keystone, and OSG
Ownership of ATC


Alaska Tanker Company (ATC) was created in 1999 by Keystone Shipping Company, (37.5%), OSG Ship Management (37.5%) and BP Oil Shipping Company, USA (25%) to consolidate all of BP’s Alaskan crude oil shipping requirements into one operating company.

 
BP Oil Shipping Company, USA
BP is one of the world's largest petroleum and petrochemicals groups. BP's main activities are exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; worldwide BP Shipping operates a fleet of 80 tankers and gas carriers. They have a growing activity in gas and power and in solar power generation. BP has well-established operations in Europe, North and South America, Asia, Australia and Africa. BP Exploration (Alaska) Inc. is the largest private investor in the state of Alaska and the four double-hull tankers built in San Diego are used to carry BP’s Alaskan production to the West Coast. BP Oil Shipping Company, USA coordinates oil shipping of BP products to and within the United States.
Keystone Alaska, LLC
Keystone Alaska is a privately held, US flag shipping company, which operates a variety of ships in domestic and worldwide service. Keystone’s beginnings as a ship operating company go back to the 1930s when its primary focus was operating oil tankers in the U.S. coastwise trade. Throughout its history, Keystone has enjoyed a reputation for innovation - examples include operating two 125,000 DWT double-hull tankers as early as 1978; developing a dual-fired (oil and coal) propulsion system; utilizing specialized tank cleaning methods for cargo quality assurance; and being one of the initial proponents of the concept of carrying bulk chemical parcels in a tanker. Keystone has enjoyed a strong commercial relationship with BP, operating supertankers in the Alaska North Slope crude oil trade since 1978.
OSG Ship Management, Inc.
OSG is one of the world’s largest bulk-shipping companies, operating vessels that transport crude oil, refined petroleum products and dry bulk commodities. OSG prides itself on its customer focus. Its fleet diversity, financial strength, skill and experienced crews, enable it to provide premium quality transportation services at competitive rates. OSG has enjoyed a strong commercial relationship with BP since the 1960s. Its ships have been time and voyage chartered to carry petroleum cargoes for BP since before the start of the Alaskan Pipeline.