Mormugao Port Clears Rs 250 Million Yacht Marina Project
PORTS & SHIPPING

Mormugao Port Clears Rs 250 Million Yacht Marina Project

Mormugao Port Authority (MPA) has approved the development of a yacht marina on an 8,000 sqm waterfront plot next to its cruise terminal, awarding the project to Marintek Pvt Ltd through a tender process. Marintek will invest Rs 250 million to construct a floating marina designed for small and medium-sized boats.

MPA chairman N Vinodkumar said this is the port’s first marina initiative, with the entire 8,000 sqm stretch allotted for development under the tender. He added that the port will only collect lease rentals and will not invest in the project. The marina will function as a yacht parking facility with related services, located directly in front of the upcoming international cruise terminal, which is expected to become operational next season.

The announcement came alongside the arrival of the first feeder container vessel, MV SCI Mumbai, at berth No. 10, signalling the revival of full-scale container shipping at Mormugao after seven years. Vinodkumar said vessel-related charges for container feeder services have been waived for the first six months to encourage use of the facility, urging both pharma and non-pharma industries to support the service so shipping lines gain confidence.

Delta Ports Mormugao Terminal Pvt Ltd, which operates berth No. 10, is building warehouses and offering incentives to boost container traffic. Delta Ports vice-president Raghoba Kotkar said more cargo is expected, with additional shipping lines currently in discussions. He added that the operator is working to resolve pending issues and aims to establish a container hub at the port in the coming years.

Mormugao Port Authority (MPA) has approved the development of a yacht marina on an 8,000 sqm waterfront plot next to its cruise terminal, awarding the project to Marintek Pvt Ltd through a tender process. Marintek will invest Rs 250 million to construct a floating marina designed for small and medium-sized boats. MPA chairman N Vinodkumar said this is the port’s first marina initiative, with the entire 8,000 sqm stretch allotted for development under the tender. He added that the port will only collect lease rentals and will not invest in the project. The marina will function as a yacht parking facility with related services, located directly in front of the upcoming international cruise terminal, which is expected to become operational next season. The announcement came alongside the arrival of the first feeder container vessel, MV SCI Mumbai, at berth No. 10, signalling the revival of full-scale container shipping at Mormugao after seven years. Vinodkumar said vessel-related charges for container feeder services have been waived for the first six months to encourage use of the facility, urging both pharma and non-pharma industries to support the service so shipping lines gain confidence. Delta Ports Mormugao Terminal Pvt Ltd, which operates berth No. 10, is building warehouses and offering incentives to boost container traffic. Delta Ports vice-president Raghoba Kotkar said more cargo is expected, with additional shipping lines currently in discussions. He added that the operator is working to resolve pending issues and aims to establish a container hub at the port in the coming years.

Next Story
Real Estate

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Next Story
Real Estate

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Next Story
Technology

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement