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
April 20,2020

Mangaluru, Apr 20: The Dakshina Kannada district administration had declared certain areas in the district as containment zones after COVID-19 positive cases were detected from there.

A seal down has been declared in these zones, completely banning all movement of the people including leaving their houses.

In Ajjavara, Sullia taluk a one-kilometre containment zone has been set up on April 19.

The zone stretches from Ankotimar Road and includes Forest agriculture land and the residences of Savera and Achar.

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News Network
July 26,2020

Bengaluru, Jul 26: Today, one of the Co-founders of Infosys, SD Shibulal announced that over the last three days (22nd - 24th July) his family members have sold a portion of (representing approximately 0.20 per cent of the paid-up equity share capital) their holding in Infosys Ltd on the stock exchanges.

Proceeds from the partial stake monetization will be utilized for a combination of philanthropic and investment activities.

The sale was executed by Citigroup Global Markets India Private Limited as the Sole Broker.

The Founders, have served Infosys in various capacities, since its inception in 1981 until October 2014. Over the three decades, the Founders have nurtured the company transforming it into one of the professionally run companies in India with a global presence.

This press release is for information purposes only and is not an offer to sell, or a solicitation of an offer to buy, any of the shares described herein. The shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or in any state or other jurisdiction of the United States.

Securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the US Securities Act. 

There has not been and there will not be any public offering of the shares in the United States.

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coastaldiest.com news network
February 10,2020

Newsroom, Feb 10: Habeeb Ur Rahiman, a lecturer in the Department of Business Administration at Kingdom University Bahrain, has been awarded doctorate from the Visvesvaraya Technological University (VTU), Belagavi.

He has completed his thesis Influence of Quality of Work Life, Ego Status and Job Attitude on Organisational Commitment and Productivity of Bank Employees under the guidance of Prof Rashmi Kodikal. 

Habeeb Ur Rahiman is the son of Yusuf and Ayisha couple from Uppinangady in Dakshina Kannada district.

After obtaining his Master Degree (MBA, Finance) from Visvesvaraya Technological University in 2012, he had worked in Bearys First Grade College, Kundapura and P A College of Engineering, Mangaluru before migrating to Bahrain.

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Imran Athoor
 - 
Tuesday, 11 Feb 2020

Masha Allah , Mabrook habeeb , you are desurved , we know  earlier your hard work and challange in your field. 

Dr.Shafeeq
 - 
Tuesday, 11 Feb 2020

Masha Allah...Congratulations Bro!!

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