The token amount is considering the negative networth of the Singapore unit
3 min read11 Feb 2016Mercator's tryst with Singapore shows it is not tax-friendly jurisdictions that decide success or failure of a shipping firm; a firm that can manage market volatilities will survive than those who can't
3 min read22 Jan 2016Mercator decides to exit dry bulk cargo business carried on by its Singapore unit by way of divestment as part of its ongoing portfolio-restructuring exercise
2 min read19 Jan 2016The company has decided to exit the business in view of the tepid long-term shipping business outlook
2 min read23 Dec 2015Failure of annuity model for dredging at Mormugao could force other state-owned ports that were looking to try out this method to abandon such plans
4 min read13 Nov 2015Solutions that lower the cost of dredging will aid the competitiveness of India's ports
4 min read19 Dec 2014India's largest private ocean carrier did not disclose the value of the ships ordered
1 min read10 Dec 2013The addition of the terminal takes the aggregate handling capacity of Essar Ports to 104 mtpa
1 min read24 Dec 2012SCI board debates closing firm’s container business
2 min read8 Nov 2009Great Eastern Shipping net up 2% on drop in dry bulk shipping market
1 min read8 May 2009The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared