Mercator Lines Singapore, the bulk carrier owner has reported a fall in half-year profit.

MD & CEO Shalabh Mittal

But the Singapore-quoted company's 10% drop in revenue for the April to September period was alleviated by strong contract income.

Revenue came in at $73.2m and profit at $5.6m.

In the last quarter July to September, cargo quantities were hit by monsoons with fewer cargo movements.

Thus