Now Reading: NMPA handles maiden steel grade pig iron cargo to Kenya
-
01
NMPA handles maiden steel grade pig iron cargo to Kenya
New Mangalore Port Authority (NMPA) has handled its first-ever shipment of steel grade pig iron: 31,500 tonnes exported to Kenya aboard m.v. Resolute Bay. The consignment was manufactured by Kirloskar Ferrous Industries…
The Story in Brief
New Mangalore Port Authority (NMPA) has handled its first-ever shipment of steel grade pig iron: 31,500 tonnes exported to Kenya aboard m.v. Resolute Bay. The consignment was manufactured by Kirloskar Ferrous Industries Ltd and sold overseas by Stemcor. GAC Shipping (India) acted for the vessel, while Sri Ganesh Shipping Agency managed stevedoring.
NMPA said the consignment marks a new cargo capability and strengthens India’s trade links. The port’s overall cargo handling grew 11.13% in the first four months of 2026-27, reaching 15.70 million tonnes against 14.19 million tonnes in the same period last year.
The Indian Opinion
This single shipment is being hailed as a milestone, but one cargo does not transform a port’s fortunes. NMPA’s 11% growth is solid, yet it comes on a modest base. The real test is whether it can attract repeat shipments of steel-grade pig iron or other non-traditional cargoes without heavy subsidies. Will Kirloskar Ferrous and Stemcor make this a regular route, or was it a one-off experiment?
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
