Mercantile Ports intensifies efforts to regain control of Karanja terminal

9th Apr 2026 13:30

(Sharecast News) - Mercantile Ports & Logistics said in an update on Thursday that it was intensifying legal efforts to regain control of its Karanja terminal asset in India, while pursuing a proposal to fully repay its outstanding debt.

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Mercantile Ports response to insolvency petition against subsidiary

19th Nov 2025 13:52

(Sharecast News) - Mercantile Ports & Logistics said on Wednesday that an insolvency petition had been admitted against its operating subsidiary following the rejection of its proposed debt settlement, but stressed that it remained in discussions to repay its borrowings in full.

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Director dealings: Mercantile Ports & Logistics director ups holdings

12th Jan 2024 15:26

(Sharecast News) - Mercantile Ports & Logistics revealed on Friday that non-executive director John Fitzgerald had acquired 624,419 ordinary shares in the AIM-listed Indian port operator.

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Mercantile Ports division signs three-year liquid handling deal

3rd Mar 2023 13:58

(Sharecast News) - Mercantile Ports & Logistics announced on Friday that its subsidiary, Karanja Terminal & Logistics (KTPL), has signed a three-year agreement with Rudra Marine Services (RMS) for handling various liquid commodities at the company's facility at Karanja.

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Mercantile Ports shares jump as it handles first Navi Mumbai container

15th Feb 2023 15:56

(Sharecast News) - Mercantile Ports & Logistics (MPL) announced the successful handling of the first container freight at its port and logistics facility in Navi Mumbai, Maharashtra, India on Wednesday.

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Mercantile Ports upbeat after strong fourth quarter

22nd Dec 2022 14:59

(Sharecast News) - Mercantile Ports & Logistics, which is operating and developing a port and logistics facility in Navi Mumbai, Maharashtra, India, announced on Thursday that after a "strong" final quarter of trading, it expected to meet revenue forecasts for the 2022 financial year.

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Mercantile Ports raises £10m to fund contracts, construction

20th Aug 2021 10:28

(Sharecast News) - Mercantile Ports & Logistics has raised £9.6m before expenses under a placing and subscription, it announced on Friday.

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Mercantile Ports & Logistics secures new multi-year contract

23rd Jun 2021 10:27

(Sharecast News) - Mercantile Ports & Logistics has secured a new multi-year contract with cargo logistics solutions provider Esquire Shipping and Trading and Mumbai-based bulk cargo handler Sai Om Petro Specialties.

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Mercantile looking for customers after inaugurating port facility

12th Mar 2019 17:03

(Sharecast News) - Mercantile Ports & Logistics announced on Tuesday that the inauguration ceremony of its port and logistics facility at Karanja Creek, near Navi Mumbai, took place successfully on 8 March.

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