Achievements of NMPT in 2017-18

Mangaluru: The New Mangalore Port Trust (NMPT) achievments were shared by Chariman, M T Krishna Babu.

The trust has achieved a growth rate of 5.28% during the fiscal year 2017-18 by handling 42.06 million metric tonnes of cargo. 

Addressing the media at NMPT here on Tuesday, he said during the year 2016-17, the total cargo handled by the port was 39.95 million metric tonne and a target for 45 million metric tonnes has been set for the year 2018-19. 

“During 2017-18, a total of 17.43 lakh tonnes of containerised cargo was handled by the NMPT, compared to 14.11 lakh tonnes in the previous year. There has been a growth of 22%,” he added. 

During 2016-17, 28 cruise vessels carrying 30,246 passengers called the port. and in 2017-18, 22 cruise vessels ferrying 24,258 passengers, had called the port. This year, around 36 cruise vessels with 40,000 passengers are expected,” he said.

“The profit is 124.81 crore. The operating income and the profit during the financial year 2016-17 were Rs 454.51 crore and 94.57 crore respectively,” he explained. 

“The NMPT is all set to be one of the totally mechanised ports in India. Mechanisation projects will be taken up towards handling of bulk cargo through PPP mode, improving rail connectivity and dust control facility,” the chairman said. 

He further said that the import of river sand from Malaysia has commenced.