New Mangalore Port aims 50 million traffic handling.

New Mangalore Port Trust (NMPT) is aiming to handle a traffic of 50 million tonnes per annum (MTPA) in the next three-four years, NMPT Chairman, Venkata Ramana Akkaraju quoted as saying last week.

He said that the port handled 42.5 million tonnes of cargo in 2018-19. "Our plan is to take it to 44 MTPA in the current fiscal," he said, adding that it will be increased to 50 MTPA in the next three-four years. To achieve this, he has set sights on container and coastal cargo, as also handling cruise vessels. He felt that NMPT needs to unlock the value...