Mercator

Mercator Limited operates as a diversified group with business interests in key sectors including shipping, dredging, coal mining, logistics, and oil & gas exploration and production. A core operational principle for the company is its commitment to the policy of 'Zero Accidents and Zero Spills', prioritizing safety and environmental standards. Until the financial year 2019-20, the company operated a fleet of oil tankers and dredgers, serving both Indian and international waters. The group's business activities extended internationally, with coal mines and logistics infrastructure services established in Indonesia and an oil block in India's Cambay basin. The company also undertook a significant Engineering, Procurement, and Construction (EPC) project for the Oil and Natural Gas Corporation (ONGC). However, the company has been ordered to be liquidated as a going concern by the National Company Law Tribunal as of February 21, 2023.;