MarketBritish Tanker Company
Company Profile

British Tanker Company

British Tanker Company Limited was the maritime transport arm of the Anglo-Persian Oil Company, the forerunner of BP. Formed in 1915 with an initial fleet of seven oil tankers, the British Tanker Company became the BP Tanker Company in 1955.

History
Early days From the moment oil was discovered in Persia (now Iran) in May 1908, the issue arose of how best to ship it back to Britain. The Anglo-Persian Oil Company (APOC) initially employed independent contractors; principally the Asiatic Petroleum Company, a subsidiary of Shell, to carry the oil by sea. In 1912 the company acquired its first ocean going ship, the SS Ferrara, a conventional freighter that carried oil products in metal cases. Tankers were unable to berth in Abadan owing to a natural sand bar off the coast known as the Shatt-al-Arab Bar, and often had to anchor up to 40 miles from the port. This meant oil had to be lightered out to the ships. Accordingly, APOC made two further shipping purchases, a barge Friesland and a tug Sirdar-i-Naphte. This situation remained until the mid 1920s when the bar was eventually dredged to allow ships direct access to the port. 1915 to 1945 However, the directors of APOC soon decided it would be better for the company to possess its own fleet of tankers. It set up the British Tanker Company Limited (BTC) in April 1915, with an initial capital of £100,000. The BTC placed orders with two Tyneside based shipbuilders, Armstrong Whitworth and Swan Hunter, for a total of seven steam-powered oil tankers. The names of the first ships bore the prefix British, and most future additions to the fleet followed the same naming convention. This acknowledged the fact that the British government had invested heavily in the fledgling company to ensure a supply of fuel oil for the Royal Navy. BTC's first tanker was the 3,663 grt British Emperor, launched in 1916. She was employed to take oil from Abadan to the ports of Bombay, Karachi, Madras and Calcutta. She was the only BTC vessel not to be chartered by the Admiralty in World War I. Her career eventually ended in 1941, when she was sunk by the , after evading all the ''Pinguin's'' attempts to capture her intact. BTC's share capital was doubled to £200,000 in 1916, and further increased to £3,000,000 in November 1917. In 1917 APOC made a successful offer to the British government for the assets of the former German-owned Benzin und Petroleum BP AG seized on the outbreak of war. This included the associate Petroleum Steamship Company (PSSC) whose 13 oil tankers passed into BTC ownership. The same year BTC was chosen by the Royal Navy to manage seven Royal Fleet Auxiliary tankers, giving it management experience that proved valuable post-war. The PSSC, now a subsidiary of BTC, took over ownership of the locally manned and managed fleet of small craft operating at Abadan. In addition two ex-BTC tankers operated by Italian companies were sunk by British submarines while a third was sunk by RAF Coastal Command. 1945 to 1955 Within two years of peace in 1945, BTC had restored its fleet to its pre-war total of 93 ships. This included the purchase of 10 American wartime T2 tankers To ease the problems of managing this large fleet an associated shipping company, the Lowland Tanker Company, was formed in association with Mathesons and Common Brothers of Newcastle to operate 10 time-chartered tankers exclusively for BTC. In 1951 the situation changed dramatically, when Iran nationalised its oil industry. AIOC removed all its staff from the country, and for a while had no access to Iranian oil. AIOC set about forming new alliances with other oil producing countries, especially Kuwait and Bahrain. The crisis lead to a major emergency logistics operation being undertaken to reroute and repurpose the tanker fleet to cope with the loss of the refining capacity at Abadan. In addition the Petroleum Steamship Company's fleet of barges, tugs, lighters and ancillary craft was hastily evacuated to Basra and Kuwait. In the early 1950s BTC began increasing the size of its deep-sea ships by building 13 so-called 'supertankers', each of 18,000 grt. These larger ships were particularly useful during the Suez Crisis of 1956, which closed the Suez Canal and forced ships to sail around the Cape of South Africa, adding to their journey. In November 1954 AIOC renamed itself the British Petroleum Company, and the BTC became the BP Tanker Company from 1 June 1956, British Soldier being the first ship turned out in the new company's colours. ==The ships==
The ships
Fleet list 1915 to 1945 Fleet list 1945 to 1956 ==Subsidiary companies==
Subsidiary companies
A number of second-hand ships weren't integrated into the main fleet but were operated by subsidiary companies, often a single ship per company. These vessels were not renamed into the British sequence. The principal subsidiary companies were The Petroleum Steam Ship Company, The Lowland Tanker Company and the jointly owned Shell-Mex & BP. == House flag ==
House flag
The first house flag consisted of the black letters BTC set in a white circle on a white horizontal band, the white bordered with black, all set against a red background. In 1926/7 the flag was changed to include the Persian colours. This new house flag consisted of the red Cross of Saint George on a white background, with a large green lozenge imposed over the centre of the cross, the lozenge containing a golden lion 'passant guardant'; the lion being a symbol of Persia. This remained until 1954, when a red lion 'rampant' replaced the golden lion. House flag of British Tanker Company (1915-1927).svg|1915-1927 House flag of British Tanker Company (1927-1955).png|1927-1955 House flag of British Tanker Company (1955-1968 and 1984-1989).png|1955-1968 and 1984-1989 House flag of BP Shipping (1968-1984).png|1968-1984 ==References==
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