Source - SMW
Mercantile Ports & Logistics said it has advanced the development of a port and logistics facility in Mumbai, having driven the last of 248 piles required for a 400 meter jetty.

The jetty will enable 800 meters of quay length to be operated once deck slabs for the entire length are laid. 

Operations are scheduled to commence by the end of the year.

"After a stuttering end to the monsoon, the site is now dry and reclamation work is expected to recommence shortly after removal of revetment, which is in progress," the company said.

At 8:16am: (LON:MPL) Mercantile Ports  Logistics Limited Ord Npv share price was 0p at 9.38p