Mercator Lines’ subsidiary - Mercator Oil & Gas, India has been awarded a contract by ONGC for conversion of their mobile offshore drilling unit (MODU) ‘Sagar Samrat’ into mobile offshore production unit (MOPU). Recently, Mercator Lines had taken delivery of a dredger on November 02, 2011.
Mercator Lines is India’s second largest private sector shipping company. It is engaged in providing sea-borne transportation services. The company has diversified its business into coal mining.