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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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TERMINAL AND STORAGE

Our Terminal Storage Department provides detailed terminal data required for our trade team to make smart business decisions. They provide an excellent overview of available tank capacity. Our technical team strategically compares terminals in order to determine relevant differences in infrastructure, logistical performance, tank capacity evolution and tank capacity projection.

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BUNKERING AND RETAIL SECTOR

BPCTL’s subsidiary, Prestige Diesel Trading LLC are well verse in the Bunker Industry. Our extensive range of bunkering and oil trading services are executed by the help of a high-end 10.8-million-liter storage facility and Fifteen Road Tankers equivalent to a capacity of 1.2 Million Liter. With a seamlessly combined workforce and technology, we supply a variety of marine fuel services for ship owners, bunker traders, and agents in all ports in UAE.  Our specialized bunkering services offer an all-encompassing solution for fuel supply, fuel management, and bunker related activities.

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RISK MITIGATION

Market Price risk hinges on a number of factors, including earnings volatility, poor management, industry risk, and price changes. The group inhouse team who have successfully formulated a comprehensive risk mitigation tools to manage price risks. The Team is responsible for planning, implementing and monitoring the company’s risk on a daily basis.