Mercator, one of India’s largest Marine and Energy group, has expanded its dredging business by adding two more Dredgers to its fleet. The company has taken delivery of two European built dredgers; one is a Trailer Suction Hopper Dredger which would be one of the largest capacity dredgers in India and second a Bucket Ladder Dredger. Both these dredgers would be commissioned around first week of September this year.
With the addition of these two dredgers, Mercator’s fleet has grown to 9 dredgers, making it the second largest dredging company in India. Mercator’s dredger fleet is currently deployed on its long term contracts.
Further, the above acquisition substantially enhances the capacity and capability of Mercator to serve the coastal dredging activities at major and minor ports of India as well as the Indian Navy.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 305.85 |
| GE Shipping | 1425.30 |
| Dredging Corp | 976.65 |
| Seamec | 1556.00 |
| Shreeji Ship.Global | 377.10 |
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