Rise in container exports at Mangaluru port

22 Dec 2020 CW Staff

The New Mangalore Port Trust (NMPT) has registered a growth of 6.2% in the container export segment between April and November, compared to the same period last year, at a time when cargo traffic has seen a significant decline due to the pandemic.

NMPT traffic data related to containers from April to November indicated that 487,059 mt were loaded this year, as opposed to last year’s 458,469 mt.

An NMPT official mentioned that it is one segment that has recovered quickly from the lockdown as it was affected from both fronts, ship to shore handling mainly due to lack of drivers and trailers to provide delivery of import containers.

The items loaded from Mangaluru Port include coffee, vegetables, fish, reefer cargo, chemicals, cashew kernels, machinery, fertiliser, granite, seafood and printed books. Additionally, a total of 5,314 twenty-foot equivalent units, as well as 51,685 tonnes of commodities, were loaded to national and international locations in November. 90% of traffic at NMPT is mechanised, the evaluation of cargo was mainly affected due to the absence of manpower during the lockdown as confirmed by Venkata Ramana Akkaraju, Chairman of NMPT.

A major share of cargo at the port is crude, LPG, coal and petroleum products. Also, cruise traffic was affected as vessels bound for NMPT were cancelled in the last week of March and April.

Image Source

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..