Mercator Lines (MLL), incorporated in 1983, is a second largest private sector shipping company in India. The company is provider of sea borne transportation services.
The company owns and operates combination of vessels ranging from bulk carriers, medium range vessels and Aframax’s to VLCC’s. The company’s VLCC is the largest Indian flagship vessel.
The tonnage capacity has risen from 4000 DWT in 1994 to about 2561476 DWT in 2009.
Besides shipping, the company also has business interests in offshoring activities such as constructing jack-up rigs, oil and gas exploration; providing logistics solutions in coal handling and coal mining.
The Mercator Group has acquired economic interest in coal mines in Mozambique and Indonesia with substantial coal resources; as a measure of backward integration to strengthen its shipping activities and to meet the huge energy demand in India. Commercial operations in Indonesia have already commenced.
Mercator Lines has clients like Manglore Refinery & Petrochemicals, Reliance Industries, M Pallonji & Co, Indian Oil Corporation, Global Chartering, CPC Corporation Taiwan, Refined Success, North China Shipping Co, British Marine PLC and S T Shipping & Transportation Inc, among others.
The company owns subsidiaries viz. Mercator International Pte, Mercator Offshore, Mercator Oil and Gas, Varsha Marine Pte and Mercator Lines (Singapore).
Awards
Mercator Lines received Star Company of the Year Award in Small and Medium Sector (SME) given by Business Standard- 2005.
The company was rated as Fastest Growing Small Company of India across all the sectors by Business Today-2005.
2010 Singapore Corporate Awards 2010
Emerging India Awards 2010
2011 - Mercator Limited Annual Report 2011 wins the ‘Platinum Award’ at LACP vision Awards 2011.
2012 - Mercator receives new CARE ratings.