The Alaskan Frontier, a Suezmax tanker typically used to transport Alaskan North Slope crude to West Coast refineries, is scheduled to retire, according to vessel operator Alaska Tanker Company.
The US flagged vessel is one of a few that comply with the Jones Act, a maritime law that requires shipments between US ports to take place on US-built and manned vessels.
A source, who requested anonymity, said the ship would be retired in June, but the company did not confirm the timing.
The Alaska Tanker Company fleet is time chartered to transport BP Plc’s Alaska North Slope production. The fleet operator has also moved Alaskan crude for producers Exxon Mobil Corp and ConocoPhillips.