Mangalore port registers 10.36% growth in cargo handling

The New Mangalore Port Authority (NMPA) has registered 10.36% growth by handling 45.7 million tonnes (MT) of cargo in 2023-24 as against 41.41 MT cargo in 2022-23.NMPA has achieved a net surplus of ₹551 crore in 2023-24 as against ₹374 crore in the previous financial year. The port handled 1,476 vessels as against 1,293 vessels in 2022-23.Increased handling of both inbound and outbound dry cargo, including iron ore, coal and petrochemical products, as well as container traffic appears to…
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Source: https://www.thehindu.com/business/mangalore-port-registers-1036-growth-in-cargo-handling-nets-551-crore-surplus-in-2023-24-financial-result/article68035426.ece/amp/