Commodity Transportation

COMMODITY TRANSPORTATION

Mercators owns and operates Tankers.

TANKERS

Tankerage refers to the transportation of wet bulk cargo (usually crude oil and refined products) by ship, both domestically between Indian ports and internationally between Indian and non-Indian ports. Wet Bulk cargo forms one of the largest categories of seaborne trade. 

Mercator commenced its Wet Bulk business in 1998 by acquiring the vessel M. T. Richa (9,750 DWT) and entered into crude oil transportation in 2003. In a very short span of time, it has grown to be amongst the major Indian companies in this segment. Mercator is amongst the larger private sector shipping companies in India in terms of tonnage. The company operates its fleet as a mix of spot contracts (single-voyage) and period contracts (fixed-term).

In addition to its usage for transportation of cargo, tankers can also be used as offshore storage facilities. The Company has one such Floating Storage & Offloading vessel (FSO) which is a modified Aframax tanker.

Mercator also has the honour of being the first Indian company to have its complete Tanker fleet of double hull.

 

Key Clientele: BG Exploration | IOC | BPCL | HPCL | MRPL | Poompuhar Shipping

Tankers

Sr.NoName of VesselType of vessel BuiltDWT/ capacity Specification
1M.T.Hansa PremMR Tanker200136032Detail
2M.T.Prem PrideAframax1999109610Detail
3M.T.Prem MalaMR Tanker200047044Detail