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Home > All news > Shipping > NMPA targets 51 million tonnes cargo handling in 2023-24

NMPA targets 51 million tonnes cargo handling in 2023-24

June 1, 2023
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MANGALURU: New Mangalore Port Authority (NMPA) achieved cargo traffic of 41.42 mt in 2022-23, representing 5.4 per cent growth.
The New Mangalore Port Authority (NMPA) aims to handle 51 million tonnes (mt) of cargo in 2023-24, according to Chairman, 
AV Ramana. “We want to achieve not less than Rs. 400 crore of profit during the year,” he said.
 
Honouring the port users in Mangaluru, he said the port had reported one of its best performances by achieving cargo traffic of 41.42 mt during 2022-23, which represents 5.4 per cent growth.
 
The port handled 1.65 lakh TEUs (twenty-foot equivalent units) of containers in 2022-23, against 1.50 lakh TEUs in 2021-22. It had targeted handling 3 lakh TEUs of containers in the current financial year.
On improving road connectivity with the hinterland, he said the Centre’s initiatives should help in providing all-weather connectivity to the hinterland by 2024.
 
The Minister of State for Ports Shipping and Waterways and Tourism, Shri Shripad Yesso Naik, recently presented awards to cargo handlers, stevedores, steamer agents, support service providers, and cruise and hospitality service providers, among others.
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