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Highlights of 2007 - 08

  • "News Maker of the Year Award" to Executive Chairman Mr. H. K. Mittal by Lloyd's List Middle East and India Subcontinent Awards 2007
  • "Outstanding Achievement Innovation Award" to Executive Chairman Mr. H. K. Mittal by Shipping & Marine Leadership & Excellence Awards 2008
  • Maiden IPO by the subsidiary listed on main board of Singapore Stock Exchange
  • Forey into dredging with acquisition of own fleet of dredgers
  • Increase in tonnage capacity by 15%
  • Enhancement in market capitalisation to Rs. 1873 Crores as at 31/03/08 against Rs. 604 Crores as on 31/03/07
  • Turnover crossed Rs 1,500 Crores mark and Net Profit crossed Rs 400 Crores mark
  • Increase in consolidated profits by 196%
  • Increase in dividend payout by 37%
Highlights of 2006 - 07
  • H.K.Mittal, Chairman & Managing Director received The Economic Times Award for Corporate Excellence for “Entrepreneur of the Year 2005-06” from Prime Minister of India.
  • H.K.Mittal was also awarded “NITIE Empresario - Most Inspiring Entrepreneur 2006” by NITIE (National Institute of Industrial Engineering).
  • M.T. Punita, a vessel of the Company and its members received“Award for Maritime Bravery” by Indian Coast Guard.

MLL in the News

 Mercator Lines announced results for 2nd quarter in 2008-09

 Mercator announces 1st quarter results of 2008-09

 Mercator Singapore announces its 1st quarter results of 2008-09

 Mercator Singapore acquires two vessels

 Notice convening 24th Annual General meeting of the Company

 Acquisition of Dredger

 Acquisition of VLCC

 Mercator on an Expansion Mode

 Mercator Reports Close to 3-Fold Jump in Net Profit to Rs. 370 Crore, Supported By Growing Fleet, Buoyant Shipping Demand And Firm Freight Rates in Dry Carriers Segment

 Mercator Singapore Reports Three-Fold Jump In FY2008 Net Profit To US$52.2 Million, Supported By Growing Fleet And Buoyant Dry Bulk Shipping Demand

 Mercator Lines (Singapore) Acquires Second Geared Panamax Vessel Since Listing

 Mercator Lines (Singapore) Expands Charter-In Fleet

 Mercator Singapore makes first acquisition since listing

 Mercator Singapore secures long term charter contract

 Mercator Lines performs well during the Q3 ended on 31st December 2007.

 IPO by Singapore Subsidiary

 Mercator Lines net rises for Q1 ended June 2007

 Mercator Lines reports higher income for Y.E. March 2007 recommends 100% dividend

 Mercator handles largest dry bulk vessel ever to enter the Mumbai Port

 Mr. H. K. Mittal honoured with "Entrepreneur of the Year Award 2005-06", by The Economic Times.

 MR. H. K. Mittal bags Entrepreneur Of The Year Award from Ernst & Young.

 Mercator Lines bags Business Standard's Award for Star Company
 
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