AsiaDry Cargo

Liquidators appointed at Mercator Lines

Photo of Grant Rowles Grant RowlesOctober 25, 2017
27 Less than a minute

The Singapore dry bulk offshoot of India’s Mercator Group has appointed liquidators Yit Chee Wah and Joshua James Taylor today to wind up the company.

Mercator Lines (Singapore) went into judicial management in January last year with debts of more than $165m, and sold of its fleet to pay back creditors.

The judicial manager explored a potential restructuring, however last month sought to wind up the company.

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Photo of Grant Rowles Grant RowlesOctober 25, 2017
27 Less than a minute
Photo of Grant Rowles

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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