As a part of an ongoing portfolio restructuring exercise following booking of losses for three years in a row, Mercator Limited has decided to exit dry bulk business carried on by its arm Mercator ...
Mercator Lines Ltd, India’s second-largest private shipping firm by fleet size, is close to buying three Panamax class carriers and one Kamsarmax class carrier for about $230 million (Rs943 crore) ...
https://www.thehindubusinessline.com/economy/logistics/mercator-seeks-to-sell-assets-to-pare-debt-as-lenders-file-for-insolvency-proceedings/article30834553.ece Copy ...
Mumbai: In one of the mega deals in the shipping sector in the current year, Mercator Lines Ltd will acquire four dry bulk vessels, totalling 305,000 dead weight tonnes (DWT), through its subsidiary ...
MUMBAI, May 7 (Reuters) - Marine transporter Mercator Lines Ltd. said on Saturday it would invest about 10 billion rupees to buy four dry bulk vessels through its Singapore unit. The vessels, expected ...
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