About Mercator
Mercator Limited, together with its subsidiaries, is engaged in coal, shipping, dredging, and oil and gas businesses in India, Singapore, and Indonesia. It operates through Shipping; Offshore; and Coal Mining, Trading and Logistics segments. The company is involved in coal mining, procurement, and logistics activities. It holds licenses for three coal blocks in Petangis and Batuah, Indonesia; and a mining license in Mozambique, as well as exports coal. The company also explores for petroleum in two blocks covering an area of 180.22 square kilometers located in the Cambay Basin, Gujarat in India; and owns a mobile offshore production and a floating storage offloading unit. In addition, it has a fleet of tankers consisting of very large crude carriers, and aframax and product tankers to transport wet bulk cargo; and dry bulk carrier fleet of geared and gearless panamaxes, and kamsarmaxes. The company has 6 own tankers and a gas carrier of 626,791 DWT; and 14 own bulk carriers with an aggregate capacity of 1,061,488 DWT, as well as 1 chartered-in bulk carrier of 91,800 DWT with an aggregate capacity of 1,532,288 DWT. Further, it owns five trailer suction hopper dredgers having an aggregate capacity of 26,100 cubic meters and one cutter suction dredger for carrying out capital and maintenance dredging projects. Mercator Limited was incorporated in 1983 and is based in Mumbai, India.