Mormugao Port Trust (MPT), which is in taking efforts to diversify its cargo handling away from coal, asked traders from north Karnataka to make use of the port. In order to woo traders, the port in association with Karnataka Chamber of Commerce and Industry (KCCI), Hubli
Tag: Mormugao Port Trust
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Mormugao Port explores options to overcome crisis
Mormugao Port Trust in Goa is exploring various options to overcome the financial crisis that it is facing because of a sharp decline in iron ore export cargo. According to reports, the port is planning to reduce the staff strength through Voluntary Retirement Scheme (VRS). But the authority needs to secure the support and c
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MPT loses iron ore cargo
Reports suggest that the Mormugao Port Trust (MPT), which is losing considerable cargo traffic in recent months, requested the central government for help to tide over the crisis. The port has been losing iron ore export traffic following a court order banning iron ore mining in Goa. Export of iron ore and pellets account for nearly 80 percent the portÂ’s total traffic
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MPT awards Rs 3 bn project to Gammon Infra
Mormugao Port Trust (MPT) and Gammon Infrastructure finalised a 30-year concession agreement that gives the company the right to construct and operate a coal handling terminal at the port. Gammon would built the terminal at a total estimated cost of Rs 300 crore with a capacity of 2.33 million tonne per annum. Mormugao Port selected Gammon for the project as the latter offered a revenue share of 33.66 percent. JSW, whic
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MPT terminal project
Mormugao Port Trust (MPT), which opened bids for its proposed 2-million tonne per year coal berth terminal, received the highest offer from Gammon Infrastructure.The firm offered a revenue share of 33.66 per cent for the contract, which involves mechanisation and operation of the terminal. With an offer of 27 per cent revenue share, JSW emerged as the second highest bidder.
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MPT complains about GSPCB
P Mara Pandiyan, Chairman of Mormugao Port Trust (MPT) complained that the Goa state pollution control board (GSPCB) stopped coal operation at the port in the absence of baseline data on its impact on pollution level in the atmosphere. The board declined to give its 'consent to operate' for handling coal and coke at berth no 10 and 11 in the port. In a letter to Chief Secretary B Vijayan, Pandiyan said that the board would study technically and scientifically to fin
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MPT set to diversify cargo handling
The crisis in the mining sector in Goa and Karnataka affected cargo traffic at Mormugao Port Trust (MPT) and hence the port plans to diversify its cargo handling. In this regard, the port is said to have taken steps to change its profile from a mono-commodity port to a multi-commodity port
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Mormugao port eyeing containerised cargo
Mormugao Port Trust (MPT) is eyeing containerised cargo and bulk importers/exporters located in north Karnataka and south Maharashtra.