Mercator Lines has acquired a 2006 built Double hull -Very Large Crude Carrier (VLCC) of 299, 325 DWT.


</p><tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Prior to this, the company had acquired a 2008 built dredger. Its net profit jumped 3 fold to Rs 370 crore supported by growing fleet, buoyant shipping demand and firm freight rates in dry carrier segment. </P>
</p><p class='TableClas'>Its shipping revenue increased 30 per cent to Rs 1455 crore. the company had proposed a dividend of Rs 1.10 per share. </P></p></table>


Mercator Lines acquires Double hull VLCC

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