Mormugao Port Trust

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Mormugao Port Mormugao port, located on the West Coast of India at the mouth of river 'Zuari' is an open type natural harbour port protected by a breakwater and mole. The port, which is almost 370 Km South of Mumbai and 575 Km North of Kochi, is established as the premier iron ore exporting port of the country and serves to a limited hinterland spread over the states of Goa, Karnataka and Maharashtra to parts of Madhya Pradesh. The Port of Mormugao, active for more than a century, was developed primarily during the Portuguese period. The port was declared as a Major Port on 1963 after the liberalisation of Goa. Future plan With the advent of recent trend of corporatisation of the Major Ports, Mormugao Port has also planned to become a corporate entity and accordingly undertook preliminary steps. As per Cornell Group's suggestion, Ministry of Surface Transport has appointed Infrastructure Development Finance Company and SBI Capital Markets for valuating the assets of Mormugao Port as a first step towards corporatisation. With the under-going diversification in cargo traffic from single commodity iron ore to diversified commodity, Mormugao port is expected to handle 47 million tonnes of cargo by 2020, of which iron ore's share would rest at around 27 million tonnes.