IN BRIEF: Mercantile Ports subsidiary inks container facility deal

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Mercantile Ports & Logistics Ltd - Developer, owner and operator of ports and logistics facilities in India - Says subsidiary Karanja Terminal & Logistics Private Ltd signs five-year deal with Lucky Marine Shipping & Logistics PVT Ltd for the handling of containers at its Karanja facility. Lucky Marine will deliver volumes of at least 1,000 twenty-foot equivalent units per month, with operations starting in the next few weeks. Says Karanja will provide container services, which includes handling, transportation, storage and warehousing to Lucky Marine.

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