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

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Next Story
Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Next Story
Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement