Mercator Ltd. is the second largest private sector shipping company in India in terms of tonnage.

We have acquired a position of trust and reliability as a prov ider of various services under different business segments. Incorporated on 24th November, 1983 as Mercator Lines Private Limited; the compa ny was converted into a public limited company on 12th April, 1984. Name of the Company was changed to Mercator Limited with effect from 22nd November 2011. Since its inception the company has written a history of achievements. It has do ne pioneering work by operating vessels in some unchartered rivers like the Tapt i and has thus opened new navigational routes. It has diversified itself into va rious business segments. Mr. H. K. Mittal the promoter of the company took it over in the year 1988 and u nder his vision and leadership the company has today acquired the merit of becom ing the second largest private sector shipping company in India in terms of tonn age. Mercator's financial performance has been truly commendable. Since its maiden pu blic issue in 1993, it has grown manifold in terms of financial parameters like turnover, profits, tonnage and market capitalization. Presently the shares of th e Company are listed on Mumbai Stock Exchange and National Stock Exchange. Durin g April 2005, the Company successfully completed its first international offerin g of Foreign Currency Convertible Bonds aggregating USD 60 mn. The issue was wel l received in the international market and is listed on Singapore Stock Exchange . The Chairman and Managing Director of the Company Mr. H. K. Mittal was awarded " Entrepreneur of the Year-2005-06" by The Economic Times of India and "The Entrep reneur of the Year Award Services-2005" by ERNST & YOUNG in November 2005. The C ompany was awarded the "Star Company of the Year Award" in Small and Medium Sect or (SME) by the leading financial newspaper, Business Standard in February 2005. The Company was rated as "Fastest Growing Small Company of India" across all th e sectors by Business Today in March 2005. The Company was also nominated consec utively for two years for the "Emerging Company of the Year 2003-04 and 2004-05" by the Economic Times Awards for Corporate Excellence. The Company also added new business segment namely Offshore Drilling with acquis ition of Jack-Up Rig. The rig received ahead of its schedule; was deployed immed iately upon delivery in March 2009; for a period of three years on firm bare boa t charter. The Group has opted out of the Offshore Drilling segment wef March 20 11 as strategic decision. The Company also forayed into dredging and presently owns a fleets of THSD Dredg ers & CSD Dredger. Mercator Group has also acquired economic interest in coal mines in Mozambique a nd Indonesia with substantial coal resources; as a measure of backward integrati on to strengthen its shipping activities and to meet the huge energy demand in I ndia. The commercial operations in Indonesia have already commenced. We are an established player in the marine transportation industry. Breaking con ventional barriers of the shipping industry, we aim to provide the most optimal shipping solutions. Driven by our vision, backed by advanced technical and manag ement expertise and supported by a trained and efficient workforce, we are the s top for your shipping requirements.