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Mercantile Ports & Logistics Share News (MPL)

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London Stock Exchange

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Share Price: 1.60

Bid: 1.50

Ask: 1.70

Change: 0.00 (0.00%)

Spread: 0.20 (13.333%)

Open: 1.60

High: 1.60

Low: 1.60

Prev. Close: 1.60

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IN BRIEF: Mercantile Ports subsidiary inks container facility deal

Thu, 25th May 2023 11:54

Mercantile Ports & Logistics Ltd - Developer, owner and operator of ports and logistics facilities in India - Says subsidiary Karanja Terminal & Logistics Private Ltd signs five-year deal with Lucky Marine Shipping & Logistics PVT Ltd for the handling of containers at its Karanja facility. Lucky Marine will deliver volumes of at least 1,000 twenty-foot equivalent units per month, with operations starting in the next few weeks. Says Karanja will provide container services, which includes handling, transportation, storage and warehousing to Lucky Marine.

Current stock price: 4.26 pence, up 8.7%

12-month change: down 80%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News

29 Mar 2019 18:22

Mercantile Ports & Logistics Fundraising Held Up By India Central Bank (ALLISS)

LONDON (Alliance News) - Mercantile Ports & Logistics Ltd said Friday it is still awaiting approval from India' central bank to receive the GBP8.3 million Hunch Ventures & Investments

12 Mar 2019 17:03

Mercantile looking for customers after inaugurating port facility

(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.

7 Dec 2018 14:40

Mercantile Ports & Logistics Appoints Two New Non-Executive Directors

LONDON (Alliance News) - Mercantile Ports & Logistics Ltd on Friday said it appointed Karanpal Singh and Jeremy Warner Allen as non-executive directors.Singh is an Indian-based with a a

28 Sep 2018 12:45

Mercantile Ports & Logistics Shares Rise As Facility Nears Completion

LONDON (Alliance News) - Mercantile Ports & Logistics Ltd said on Friday it saw a slightly widened pretax loss for the first half of 2018, as it continues to develop its port facility in in up

18 Jun 2018 10:48

Karanja Port's Appointment As Customs Port Boosts Mercantile Shares

LONDON (Alliance News) - Shares in Mercantile Port & Logistics Ltd soared Monday after the company said a port owned by its subsidiary Karanja Port & Logistics Ltd has been appointed as a