With reference to the earlier announcement dated October 30, 2006 informing about execution of MOA through the Company's Singapore based subsidiary for acquisition of 2 nos. dry bulk vessels of about DWT 84,000 each, Mercator Lines Ltd has announced that the said subsidiary Mercator Lines (Singapore) Pte. Ltd. has taken delivery of the 2nd 2006 built kamsarmax vessel of 82,273 DWT.
