New Mangalore Port handles over 1 lakh TEUs of containers

coastaldigest.com news network
February 26, 2018

Mangaluru, Feb 26: New Mangalore Port has crossed handling of 1 lakh TEUs of containers in the current financial year which is a significant achievement towards the development of container traffic.

During the current year 2017-18 (As on 26-2-2018) the Port has handled 1,00,666 TEUs (15,00,572 tonnes) of containerized cargo and further 13 vessels are scheduled to call during the remaining period of the current financial year 2017-18.

The increased handling of coffee, raw cashew, gherkins, machinery, polypropline granules, chemicals, agri-products, coastal cargo,  etc. has contributed immensely in achieving a growth rate of 23% in terms of TEUs and 24% in terms of volume.

The port is witnessing a steady growth in container traffic mainly due to pro-active business promotion initiatives made by the Port coupled with the infrastructure and capacity addition ie., expansion of container yards, container handling equipments like reach stackers, increased number of reefer plug points, concretization of roads, simplified documentation, RFID system of admittance and ease of doing business initiatives, etc.

These initiatives of the port  has contributed  positive results in fostering the container movement to the port from the hinterland which is evident from the fact that from 9646 TEUs handled in 2005-06, has grown to 1 lakh plus TEUs in 2017-18 (till date). The growth rate of 23% could be sustained on account of increase in frequency of calls by feeder line vessels competitive ocean freight offered by Main Line Container Operators and option of 3 transhipment ports that resulted in reduction in transit time.

These concerted efforts  made by Port associating MLOs, Feeder Line operators,  Logistic providers, and Customs has enabled  the port in attracting additional volumes of containers from the hinterland. The stabilization of frequency of schedules of the vessels and harmonious industrial relationship has enabled in establishing the reliability of services and freight advantage over the neighboring ports.

With the increasing trend in container traffic, the Container Corporation of India (CONCOR) has recently commenced their operation from Inland Container Depot (ICD) Bangalore to NMPT where they have established the Rly siding and commissioned on 31-1-2018.

This initiative will further boost the connectivity and transportation of container traffic through rail. Presently they have commenced their weekly train service from Bengaluru to Mangaluru and vice-versa which they propose to improve in due course, said a release issued by Suresh P Shirwadkar, Chairman of NMPT.

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News Network
March 11,2020

Mangaluru, Mar 11: Nitte Education Trust is among the top 50 reputed institutions in the country selected by NITI Aayog for setting up Atal Incubation Centre under Union government's Atal Innovation Mission (AIM) scheme.

NITI Aayog has sanctioned Rs 9 Crore to Nitte Education Trust for setting up a full-fledged Incubation Centre at Nitte, of which Rs 2.5 crores has been received as first instalment according to a press release here on Wednesday.

Atal Incubation Centre- Nitte provides start-ups with valuable guidance, technological aid, access to investors, networking and facilitating a host of other services required for start-ups to survive and scale. Start-ups also receive direction through the robust chain of mentors who give sector-specific information and real-time practical guidance.

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News Network
March 25,2020

Bengaluru, Mar 24: The state government on Tuesday published names and addresses of 14,000 people who have been placed under home quarantine, on its website.  

A district wise break up of the home quarantine patients was also provided.  

Notably, the number of coronavirus cases has risen to 41 in the state.

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News Network
March 13,2020

Belagavi, Mar 13: Former Karnataka Minister and Senior Congress leader H K Patil on Thursday alleged that the ruling BJP government headed by Chief Minister B S Yediyurappa has shown negligence towards completion of the irrigation projects in North-Karnataka region.

Mr. Patil said that no sufficient provision was made in the Budget for 2020-21 presented by Yediyurappa on March 5.

North Karnataka region people, farmers, and leaders expected more fund allocation to complete the pending and ongoing irrigation projects, but they are disappointed.

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