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MI - OSG completes acquisition of Alaska crude tankers from BP - March 2020

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Overseas Shipholding Group completed the purchase of three US-flagged crude tankers, the Alaskan Explorer, Alaskan Legend and Alaskan Navigator from BP and have entered into a bareboat charter with BP for a fourth vessel, the Alaskan Frontier. The Tampa, Florida-based company also made Alaska Tanker Co. a wholly owned subsidiary of OSG instead of a JV with BP. The vessels purchased will continue to be operated by ATC under time charters with BP Exploration......
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