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Mercator incorporates wholly owned subsidiary company

20 Jan 2018 Evaluate

Mercator has incorporated a wholly owned subsidiary in India under the name and style of ‘Mercator Ocean Transport’ on January 18, 2018. The objective to incorporate the wholly owned subsidiary is in furtherance of business restructuring plans of the company to focus on shipping business and allied activities through subsidiary.

Mercator is one of India's largest private sector Dredging Company. The group has a presence in varied segments namely shipping, offshore services, oil exploration and production, dredging, coal mining/trading and logistics.



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