Shipping stocks rally on index surgeA near 100% rise in the Baltic Dry Index over the past three-and-a-half months has propelled a rally in the stocks of Indian shipping compa...
13 Dec, 2013, 02.18 AM IST
- Mercator Q3 consolidated net loss at Rs 340 cr
Shipping firm Mercator Ltd today reported a consolidated net loss of Rs 340 crore for the quarter ended December 31, 2012 on account of ste...
13 Feb, 2013, 10.16 PM IST
- Coal will determine total turnover of company: Atul Agarwal, Mercator Lines
Coal should continue to contribute well to the top line as well as to the bottom line of the Mercator Lines, says Atul Agarwal, Jt. MD, Mer...
18 Aug, 2012, 08.37 PM IST
- Mercator Lines' foray into coal business to boost future earnings
Presence across the entire value chain of coal bodes well for the company at a time when India is becoming increasingly depending on import...
08 Dec, 2011, 03.19 AM IST
- Mercator Lines attractive in short term: ICICI Direct
What we feel is that though we are not very positive for a very long term outlook ,say one or two years, on the entire sector.
19 Feb, 2010, 10.17 AM IST
- Q1 results: Fall in freight erodes bottomline of shipping companies
The June quarter results of shipping companies acutely reflect the difficult terrains they traversed during the period. The significant fal...
10 Aug, 2009, 12.50 AM IST
- Karvy puts ‘Sell’ call on Mercator Lines
Karvy Stock Broking has revised its rating on Mercator Lines from underperformer to Sell. The brokerage has said that the stock has run-up ...
21 May, 2009, 10.11 AM IST
- Plunge in rates forces shipping companies to idle fleets
A sharp fall in shipping rates has made vessels operations of Indian companies unviable. Unable to earn even the operating costs, Indian dr...
06 Nov, 2008, 12.00 AM IST
- Accumulate Mercator Lines for target Rs 152: ULJK
ULJK Securities has initiated ‘accumulate’ rating on Mercator Lines with a price target of Rs 152. The company operates a fleet of 12 dry c...
25 Jun, 2008, 12.17 PM IST
- Acquisition, modernisation pay dividend to shipping companies
Ship acquisition and modernization programmes of Indian shipping companies have paved way for better operating numbers for the top three pr...
26 May, 2008, 12.00 AM IST
- Mercator signs deal to purchase $65.5 mn Panamax
Mercator Lines (Singapore), a subsidiary of Mercator Lines, has entered into an agreement to purchase Panamax dry bulk carrier for $65.5 mi...
01 Apr, 2008, 04.15 PM IST
- Mercator signs deal to purchase $65.5 mn Panamax carrier
Mercator Lines (Singapore), a subsidiary of Mercator Lines, has entered into an agreement to purchase Panamax dry bulk carrier for $65.5 mi...
01 Apr, 2008, 04.03 PM IST
- Mercator Lines in charter deal with PRC Shipping
Mercator Lines has entered into a firm negotiation with Refined Success, a subsidiary of PRC Shipping Conglomerate COSCO Shipping Co, for t...
25 Mar, 2008, 06.24 PM IST
- Brokerage Platter: Tata Metaliks, Mercator Lines, KPR Mill
Religare Securities has initiated 'buy' on Tata Metaliks, Mercator Lines and KPR Mill for a target price of Rs 234, Rs 177 and Rs 212 respe...
27 Dec, 2007, 04.32 PM IST
- Religare Picks: Mercator Lines, KPR Mill
Religare Securities has initiated ‘buy’ on Mercator Lines for a target price of Rs 177. Mercator Lines is engaged in the business of dry an...
26 Dec, 2007, 06.02 PM IST
- Buoyant bulk trade lifts local shipping majors
With global transportation of grain, iron ore and coal increasing by the day, dry-bulk freight market is on fire.
29 Oct, 2007, 04.34 AM IST
- Mercator Lines net slips 56%
Higher dry docking expense has forced operating profit of Mercator Lines (MLL) slip by 15% at Rs 60.73 crore for the quarter-ended June ’06...
28 Jul, 2006, 12.06 AM IST