Mercator has secured two new orders from Paradip Port Trust for maintenance dredging of the approach and extended approach channel to be executed over a period of 3 years aggregating to Rs 210 crore approximately.
Mercator is the second-largest private sector shipping company on a consolidated basis in India, in terms of tonnage capacity. The group has a presence in varied segments namely shipping, offshore services, oil exploration and production, dredging, coal mining/trading and logistics.