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Mercator sells MT Vedika Prem vessel for Rs 28.54 crore

29 Nov 2018 Evaluate

Mercator has sold its old vessel MT Vedika Prem, built 1993, for a total consideration of Rs 28.54 crore and the proceeds of which would be used to meet its debt obligations / liabilities.

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.

Mercator Share Price

0.84 0.00 (0.00%)
10-Mar-2023 18:02 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 288.30
GE Shipping 1404.20
Dredging Corp 941.70
Seamec 1524.50
Shreeji Ship.Global 374.95
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