October30 , 2026

    Mormugao Port Authority to Sign ₹3,000-Crore Investment Deals at India Maritime Week

    Related

    Centre Sanctions ₹430.7 Crore for Dredging at Kolkata and Haldia Ports

    The Centre has sanctioned ₹430.7 crore to Syama Prasad...

    TCI Takes Delivery of 500-TEU Container Vessel ‘TCI SETU’

    Transport Corporation of India Limited (TCI) has taken delivery...

    Jade Pacific Line Enters Asian Short-Haul Shipping Market with New India–Red Sea Service

    Singapore-based Jade Pacific Line (JPL) has entered the regional...

    OOCL to Launch New China–Indonesia Container Service in November

    OOCL will launch its new China Indonesia Service (CIS4)...

    Share

    Goa-based Mormugao Port Authority (MPA) said it plans to sign around 24 agreements worth approximately ₹3,000 crore during the upcoming India Maritime Week in Mumbai.

    MPA chairman N. Vinodkumar said the port aims to enhance its cargo handling capacity from the existing 65 million metric tonnes (MMT) to 100 MMT annually by 2035, as part of its long-term expansion plan.

    A key project includes the redevelopment of Berth No. 9, previously used as an iron ore mechanical berth. The berth will be converted into a 350-metre-long facility capable of handling both iron ore and general cargo. The earlier mechanical ore handling plant at the site was decommissioned following the mining ban on iron ore. Vinodkumar added that the upgraded berth will allow the port to handle larger vessels.

    The port also plans to redevelop another berth to accommodate four domestic cruise vessels simultaneously. Currently, MPA can host only three cruise ships at the breakwater berth.

    “We will sign around 24 agreements, most of which have already been finalised, ensuring an investment of around ₹3,000 crore over the next ten years,” Vinodkumar said.

    India Maritime Week, hosted by the Union Ministry of Ports, Shipping and Waterways and organised by the Indian Ports Association, will be held in Mumbai from October 27 to 31.