Mangalore port’s container terminal to begin operations by March-end
PORTS & SHIPPING

Mangalore port’s container terminal to begin operations by March-end

JSW Mangalore Container Terminal Pvt Ltd, the company charged with creating and operating the container terminal at New Mangalore Port via a public-private partnership (PPP) mode, is likely to begin commercial operations by the March-end.

AV Ramana, Chairman of New Mangalore Port Authority (NMPA), told the media that the commercial operations of the integrated container terminal at berth no 14 would take off by the fourth week of March.

Currently, NMPA is handling nearly 1.5 lakh twenty-foot equivalent units (TEUs) of containers every year. Once the JSW terminal is settled, the port can manage up to three lakh TEUs within one year.

JSW's project at New Mangalore Port aims to mechanise berth 14 for container and additional clean cargo handling. The container terminal would be built in two stages for a total cost of Rs 280.71 crore. The phase-1 of the project, which began in January 2021 and is almost complete.

KG Nath, Deputy Chairman of NMPA, said the mechanisation of berth no 14 is likely to boost efficiency, lower turnaround time and logistics prices, and make the supply chain seamless.

As it is crucial to set up sufficient infrastructure for trade, NMPA has proposed to build a new berth no 17 for multi-purpose cargo handling. The estimated cost would be Rs 217 crore, and it would be executed through engineering, procurement and construction (EPC) mode.

He said the project is expected to develop around 2,000 jobs. According to the detailed project report (DPR), berth no 17 is likely to produce a tonnage of 4.73 million tonnes yearly.

The chairman said that NMPA is also working to construct a fishing harbour at Kulai, near the port, for Rs 197 crore.

The project would employ 2,720 sea-going fishermen, and 1,280 persons in shore-based institutions and allied industries.

Image Source

Also read: Ports and shipping minister launches projects at New Mangalore Port

JSW Mangalore Container Terminal Pvt Ltd, the company charged with creating and operating the container terminal at New Mangalore Port via a public-private partnership (PPP) mode, is likely to begin commercial operations by the March-end. AV Ramana, Chairman of New Mangalore Port Authority (NMPA), told the media that the commercial operations of the integrated container terminal at berth no 14 would take off by the fourth week of March. Currently, NMPA is handling nearly 1.5 lakh twenty-foot equivalent units (TEUs) of containers every year. Once the JSW terminal is settled, the port can manage up to three lakh TEUs within one year. JSW's project at New Mangalore Port aims to mechanise berth 14 for container and additional clean cargo handling. The container terminal would be built in two stages for a total cost of Rs 280.71 crore. The phase-1 of the project, which began in January 2021 and is almost complete. KG Nath, Deputy Chairman of NMPA, said the mechanisation of berth no 14 is likely to boost efficiency, lower turnaround time and logistics prices, and make the supply chain seamless. As it is crucial to set up sufficient infrastructure for trade, NMPA has proposed to build a new berth no 17 for multi-purpose cargo handling. The estimated cost would be Rs 217 crore, and it would be executed through engineering, procurement and construction (EPC) mode. He said the project is expected to develop around 2,000 jobs. According to the detailed project report (DPR), berth no 17 is likely to produce a tonnage of 4.73 million tonnes yearly. The chairman said that NMPA is also working to construct a fishing harbour at Kulai, near the port, for Rs 197 crore. The project would employ 2,720 sea-going fishermen, and 1,280 persons in shore-based institutions and allied industries. Image Source Also read: Ports and shipping minister launches projects at New Mangalore Port

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement