The Lowland Tanker Company was a British shipping company operating a small fleet of oil tankers on time-charter to BP.
History
In 1950 the British Tanker Company (BTC), for managerial and economic reasons, formed a separate associated company to operate ten oil tankers exclusively for BP cargos. BTC owned 50% of the company with 25% owned by Matheson, the maritime arm of Jardine Matheson, and 25% by the Newcastle ship-owners, Common Brothers, the latter company being tasked with the management of the ships.[1] A further five ships were bought in the early 1960s. The ships were taken over by the BP Tanker Company, successors to BTC, in 1976 with the minority shareholders in the company being bought out by BP in 1979.[2]