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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement