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SHIPPING AND CHARTERING

BPCTL boasts an experienced in-house shipping and chartering team. The team ensures uninterrupted and effective delivery of products across the globe.

While in 2020 to date shipowners benefited from a glut of oil supply and the ensuing demand for floating storage, leaner days may be ahead now that crude flows have evened out and global oil consumption has slumped. However as per 2020 BIMCO reports a consistent rise in requirements for mid to small sized Motor Tankers including feeder vessels. After reviewing the consistent market performances for aforementioned size vessels for the year 2018-19-20 our team Identified vessel sizes as part appropriate for our current trade and Phase 1 of this project. Sighting this our shipping team has initiated procedure to own and operate Motor tankers by 2022.

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