Stock Report

BPCL Signs Exclusive bunkering Rights with Cordeilla Cruises for the West Coast



Posted On : 2023-05-16 00:03:20( TIMEZONE : IST )

BPCL Signs Exclusive bunkering Rights with Cordeilla Cruises for the West Coast

BPCL has announced its exclusive bunkering partnership with Waterways Leisure Tourism Pvt Ltd, the renowned operator of Cordeilla Cruises, one of the most luxurious fleets of cruise liners in India.

As per the Memorandum of Understanding signed between the two companies, BPCL will be the sole provider of Very Low Sulfur Fuel Oil (VLSFO) as a bunkering fuel for the Cordeilla Cruises brand along the west coast of India.

VLSFO has significantly reduced sulfur content and is fully compliant with the International Maritime Organization's (IMO) strict sulfur emissions standards. By powering the Cordeilla Cruises fleet with this fuel, BPCL aims to enhance operational efficiency and minimize environmental impact.

Shares of Bharat Petroleum Corporation Limited was last trading in BSE at Rs. 357.00 as compared to the previous close of Rs. 361.85. The total number of shares traded during the day was 64423 in over 2119 trades.

The stock hit an intraday high of Rs. 363.95 and intraday low of 356.45. The net turnover during the day was Rs. 23156635.00.

Source : Equity Bulls

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