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Mercator will exit the Bulk Market

  • Author:JK
  • Source:CN156
  • Release Date:2016-01-21
It is reported that,India shipowner Mercator Lines (Singapore) (MLS) On Friday said the company readyExit Bulk Carrier Market, This plan to gradually peel Singapore-listed dry bulk shipping business.
From understanding, MercatordebtHas more than 165 million US dollars, fiscal year 2015 will onlyLossThe $ 125 million.
Currently bulk carrier business has suffered the worst downturn in the history of the industry cycle, the Baltic SeaDry bulk freight indexIt has declined from 11,793 in 2008 points to 373 points January 15, 2016, and 2016 are still no signs of recovery.
Mercator将退出散运市场
Mercator's fleet includes 12 owned vessels and a boat rental, arePanamax bulk carriersAnd CardRamsar bulk carrier.
Mercator stressed, including the performance of dredging, oil tankers, coal transportation, logistics, oil and gas and other sectors of "satisfactory."