Mercator Lines Singapore : Response To SGX Queries

Mercator Lines (Singapore) Limited is a Singapore-based dry bulk shipping company. The principal activities of the Company include chartering of maritime vessels (bulk carriers) to customers on short-term and long-term contracts, and the provision of marine transportation services. In addition, the Company is specialized in the transportation of dry bulk commodities, such as coal, iron ore and grains. The Company's parent company, Mercator Limited (ML India) has business interests in coal, oil and gas, commodity transportation and dredging. ML India also provides its customers with customized logistics solutions from the load port to the point of usage. The Company operates a fleet of approximately 13 dry bulk vessels, over 12 owned and one chartered-in, consisting of geared and gearless Panamaxes/Post Panamaxes/Kamsarmaxes. It focuses on dry bulk transport markets in India, Indonesia and China. The Company's subsidiaries include Chitra Prem Pte. Ltd. and Varsha Vidya Inc.