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2008 February 7   07:33

Mercator Lines plans to invest $100 million to double its dredging fleet

Marine transport firm Mercator Lines Ltd plans to invest $100 million to double its dredging fleet to six in the next six months, its managing director said on Wednesday.
The company already has two dredgers that are operational and will take delivery of one more in the next 15 days, Atul Agarwal told reporters on the sidelines of an industry conference. "Within six months we will be finalising deals for additional dredgers," he said.

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