Mercator Submits Lowest Bid for Mormugao and Porbandar Deals

TSHD Bhagvati Prem, Image source: Mercator

Mercator Ltd, one of India’s diversified conglomerates with interests in coal, oil and gas, shipping and dredging, has emerged as the lowest bidder for the Mormugao and Porbandar dredging contracts.

According to the company’s latest announcement, these dredging projects have an estimated combined contract value of $2.3 million.

Under the Mormugao part of the agreement, Mercator will be in charge of maintenance dredging operations, aimed to allow the port to bring larger vessels in through the entrance channel.

The previous capital dredging was undertaken by the port in 2002 to deepen the entrance channel from 13.4 m to 14.4 m.

The contracts are set to be executed in FY 2019, Mercator said.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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