Mercator Acquires Two Dredgers
Aiswarya Lakshmi
Thursday, June 25, 2015
Mercator Limited announced that it is expanding its dredging business by adding two more Dredgers to its fleet.
Mercator,India's largest Marine and Energy group with businesses in Oil & Gas, Coal, Shipping and Dredging, has taken delivery of two European built dredgers; one is a Trailer Suction Hopper Dredger which would be one of the largest capacity dredgers in India and second a Bucket Ladder Dredger.
Both these dredgers would be commissioned around first week of September this year.
The above acquisition substantially enhances the capacity andcapability of Mercator to serve the coastal dredging activities atmajor and minor ports of India as well as the Indian Navy.
With the addition of these two dredgers, Mercators fleethas grown to 9 dredgers, making it the second largest dredgingcompany in India. Mercators dredger fleet is currently deployed onits long term contracts