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 U.S.-flagged vessel is one of a few that comply with the Jones Act, a maritime law that requires shipments between U.S. ports to take place on U.S.-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.