Owner looking to sell struggling bulk unit Mercator Lines
The controlling Indian owner of listed dry bulk carrier Mercator Lines is now trying to offload the unit after yet another major loss in 2015, informs the Mercator board of directors.
BY OLE ANDERSEN
Dry bulk carrier Mercator Lines, which is listed in Singapore, has been put up for sale by the carrier's controlling stakeholder, India's Mercator, informs the company in a statement on Monday.
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