The New Mangalore Port Authority (NMPA) has registered 10.36% growth by handling 45.7 million tonnes (MT) of cargo in 2023-24 as in opposition to 41.41 MT cargo dealt with in 2022-23.
| Photo Credit: SPECIAL ARRANGEMENT
The New Mangalore Port Authority (NMPA) has registered 10.36% growth by handling 45.7 million tonnes (MT) of cargo in 2023-24 as in opposition to 41.41 MT cargo in 2022-23.
NMPA has achieved a web surplus of ₹551 crore in 2023-24 as in opposition to ₹374 crore in the earlier monetary yr. The port dealt with 1,476 vessels as in opposition to 1,293 vessels in 2022-23.
Increased handling of each inbound and outbound dry cargo, together with iron ore, coal and petrochemical merchandise, in addition to container visitors seems to have contributed to the growth in visitors on the port.
The complete dry bulk dealt with rose from 9.28 MT in 2022-23 to 13.25 MT in 2023-24, which is a growth of 42.74%. Liquid bulk, primarily the crude oil, remained nearly static, at 29.2 MT in 2023-24 as in opposition to 29.29 MT in 2022-23 with a 0.32% decline in growth.
NMPA achieved a web surplus of ₹551 crore in 2023-24 as in opposition to ₹374 crore in the earlier monetary yr. The port dealt with 1,476 vessels as in opposition to 1,293 vessels in 2022-23.
| Photo Credit:
SPECIAL ARRANGEMENT
The main portion of inbound cargo comprised coal (7.73 MT in 2023-24 as in opposition to 4.99 MT in 2022-23), iron ore (2.08 MT as in opposition to 1.46 MT) and containers (1.71 MT as in opposition to 1.44 MT). The main portion of outbound cargo comprised iron ore (2.41 MT as in opposition to 1.3 MT), Petroleum, Oils and Lubricants (POL)Â merchandise (5.23 MT as in opposition to 5.92 MT), petrochemicals (0.9 MT as in opposition to 0.7 MT), and containers (1.08 MT as in opposition to 0.9 MT).
Container visitors
The yr noticed a rise in the container visitors with the port handling 1.96 lakh TEUs (20 toes equal unit) weighing 2.8 million tonnes in 2023-24 as in opposition to 1.65 lakh TEUs weighing 2.36 MT in 2022-23. Tiles (5.8 lakh tonnes) and uncooked cashew (4.98 lakh tonnes) shaped the majority of inbound container visitors in 2023-24 as in opposition to 4.3 lakh tonnes and 4.8 lakh tonnes, respectively, in the earlier yr.
The yr noticed a rise in the container visitors with the port handling 1.96 lakh TEUs (20 toes equal unit) weighing 2.8 million tonnes in 2023-24 as in opposition to 1.65 lakh TEUs weighing 2.36 MT in 2022-23.Â
| Photo Credit:
SPECIAL ARRANGEMENT
Coffee (2.23 lakh tonnes in each the years) and fish meal (1.74 lakh tonnes in 2023-24 as in opposition to 1.11 lakh tonnes in 2022-23) shaped the majority of the outbound visitors. Gherkins have been loaded in appreciable portions, 90,410 tonnes in 2023-24 as in opposition to 61,396 tonnes in the earlier yr.
Road connectivity
Achieving an working ratio of 34.55%, NMPA officers are hopeful of crossing 50 million tonnes of cargo in 2024-25, the golden jubilee yr of the port, offered street connectivity throughout the Western Ghats in Karnataka is open all year long.
