Marking its entry into the booming dredging sector, Mercator Lines (MLL), the second largest private shipping firm in India, has bought two dredgers and is in the process of acquiring four more in the current fiscal for a total investment of $300 million. According to MLL sources, the acquisition of first two one-year-old trailer suction dredgers will be completed by October-end. These dredgers will be registered in India and will fly the national flag.
Green Marine
about 19 years ago
Mercator bets big on dredging
Marking its entry into the booming dredging sector, Mercator Lines (MLL), the second largest private shipping firm in India, has bought two dredgers and is in the process of acquiring four more in the current fiscal for a total investment of $300 million. According to MLL sources, the acquisition of
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