Bangalore: Tanker operator Mercator Ltd could become the first Indian fleet owner to haul crude oil from Iran with a $50 million (around ₹ 275 crore) third-party liability cover per shipment from ...

Mercator is the only local tanker owner, among the four in India, that participated in an enquiry floated by the government’s ship chartering department Transchart on 30 July for hauling as much as 85 ...