Mercator Lines (SIN:EE6)

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Mercator Lines (Singapore) Limited (“Mercator Singapore") is a subsidiary of India’s Mercator Group. It operates a fleet of 15 dry-bulk carriers, serving customers mainly in India, China and Indonesia.

Its fleet is relatively young, with an average age of 6 years, compared to the industry’s average of 16 years. It was listed on the Singapore Exchange on 14 December 2007 at an IPO price of S$0.76.



References

http://www.singwealth.com/portal/index.php/stock-and-shares/100-mercator-singapore-powering-india

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