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Mrcntl Prts andLgstcsltdOrdNPV (MPL)

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11-Jun-2019 09:31 AM

Mercantile Ports & Logistics books annual loss as it launches port in Mumbai

Mercantile Ports & Logistics booked a full-year loss as it continued to develop a port and logistics facility in Mumbai, India. Pre-tax losses for the year through December amounted to £3.3m, compared to losses of £3.4m. A first test vessel
22-Dec-2017 07:26 AM

Mercantile Ports & Logistics enters second binding customer contract in India

Mercantile Ports & Logistics entered its second binding customer contract to manage cargo at a port and logistics facility in Mumbai, India. The contract, which is with an Indian-based trading and stevedoring company, has a seven-year term, and is then e
25-Aug-2017 07:30 AM

MPL seals first customer contract to manage cargo at its port facility

MPL entered its first binding customer contract to manage cargo at its port facility. Under the terms of the contract, MPL will start receiving cargo on the Commercial Operations Date of the Facility, which is expected to occur during December 2017. MPL
13-Jun-2017 09:10 AM

Mercantile P&L swings to FY pretax loss

Mercantile Ports & Logistics has swung to a FY pretax loss of £1.12m, from a profit of £138,000 a year prior. Revenue was nil. Finance income was down to £1.3m, from £2.4m previously. "The company has experienced the sort of
 
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