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NMPT targets 44 mt of cargo handling in 2018-19

New Mangalore Port Trust (NMPT) is targetting a traffic throughput of 44 million tonnes (mt) in 2018-19.

MT Krishna Babu, NMPT Chairman, said the traffic throughput in 2017-18 was 42.05 mt.

Ghat road closure

“Though NMPT is optimistic of reaching 45 million tonnes, it is challenging,” he said, adding that almost two months were lost because roads in the ghat section were closed following floods and landslides. These roads are the vital links for the port with the hinterland.

The port handled 31.91 mt of cargo during the first nine months of 2018-19 as against 31.01 mt in the corresponding period of 2017-18, registering a growth of 2.89 per cent. The average growth rate of all the major ports in the country was 3.77 per cent during the first nine months of the current fiscal. The total income of the port stood at Rs. 492.50 crore during the April-December of 2018-19 ( Rs. 408.47 crore). Of this, the operating surplus was Rs. 243.35 crore ( Rs. 156.16 crore)..

Estate rentals

On the increase in operating surplus, Babu said there was good increase in rentals during the year. The port allotted around 20 acres to various agencies including to Mangalore Refinery and Petrochemicals Ltd (MRPL) for setting up a desalination plant.

The Chairman said NMPT was awarded the ‘Swachh Sarvekshan’ award consecutively for 2017 and 2018, for being the cleanest amongst the 12 major ports in the country. The port was in the sixth position in 2016. This award was instituted by the Union Ministry of Shipping and assessed by the Quality Council of India, he said.

Source: Press Release

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