• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai , Aug. 7

MERCATOR Lines Ltd, operating in the liquid bulk segment, has executed a memorandum of agreement to acquire a second-hand Aframax tanker of about 1,00,000 dwt. The vessel is expected to join the fleet of the company in September.

This acquisition follows that of a VLCC (very large crude carrier) recently with a capacity of approximately 2,87,875 dwt to cater to its growing international operations.

More Stories on : Shipping

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
HAL bags Airbus deal to make aircraft doors

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line