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NMPT registers tepid traffic growth in 2018-19

Tuesday, 23 April 2019 | 00:00

New Mangalore Port Trust (NMPT) handled 42.5 million tonnes (mt) of traffic in 2018-19 as against 42.05 mt in 2017-18, recording a growth of 1.07 per cent.

Cargoes such as crude oil and containers contributed significantly to the traffic during 2018-19.

Crude oil cargo
The total crude oil handled at the port increased to 27.57 mt in 2018-19 as against 24.90 mt in the previous fiscal. Of this, crude handling for ISPRL (Indian Strategic Petroleum Reserves Ltd) stood at 0.70 mt during 2018-19. It was not there in 2017-18. During 2018-19, the cargo handled for OMPL (ONGC Mangalore Petrochemicals Ltd), a subsidiary of MRPL (Mangalore Refinery and Petrochemicals Ltd), witnessed a growth of 14.20 per cent. NMPT handled 1.01 mt of OMPL cargo during 2018-19 as against 0.88 mt in 2017-18.

The coal cargo handled by the port came down by 3.01 per cent during 2018-19. NMPT handled 6.46 mt of coal during 2018-19 as against 6.66 mt in the previous fiscal. Of this, the share of coal handled for UPCL (Udupi Power Corporation Ltd) stood at 2.19 mt (2.49 mt) during the period.

The IOP (iron ore pellets) cargo came down by 4 per cent during the fiscal. The port handled 2.27 mt of IOP cargo for KIOCL Ltd (formerly Kudremukh Iron Ore Company Ltd) during 2018-19 as against 2.37 mt in 2017-18.

Container cargo
The container cargo handled at the port recorded a growth of 13.95 per cent in terms of TEUs (twenty-foot equivalent units) and 10.10 per cent in terms of tonnage.

The port handled 1,31,613 TEUs of containers during 2019-19 as against 1,15,498 TEUs in the previous fiscal. In terms of tonnages, it stood at 1.91 MT (1.74 MT) during the period.
Source: The Hindu Business Line

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