Maldives Ports Limited

Maldives Ports Limited
Maldives Ports Limited
Type State Enterprise
Industry Transport
Founded Malé, Maldives (1986)
Headquarters Malé, Maldives
Key people Hussain Nizar,(Chairman), Hussain Hilmy (Chief Executive Officer and Managing Director)
Services Port services
Website www.port.com.mv

Maldives Ports Limited is a state corporation of the Maldives, created to be the sole port authority of the ports of the Maldives. It is 100% owned by the government of Maldives and is located in Malé, the principal port, major city and capital of the archipelago nation in the Indian Ocean.

The Port of Malé comprises an Inner Harbour, used by pleasure craft, the fishing industry and coastal trade; and an Outer Harbor where larger ships may port. [1]

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History

Prior to 1950, port activity at Malé consisted of portage of goods from anchored ships and manual unloading and warehousing. The Maldivian National Trading Corporation (MNTC), which was formed in the 1950s, and Orchid Company, which was formed a few years later, began using mechanized equipment at the port, including barges, tugboats and cranes. Port operations were assumed by the government after the two companies were dissolved, and in 1983, Maldives Transport and Contracting Company was formed as a state corporation owned by the state and the public. 1985 saw the Male' Commercial Harbour Project, which rebuilt and modernized the port, dredging and reshaping the harbor and constructing new jetties, office buildings and container terminals. The current port operator and authority, Maldives Ports Limited, was formed shortly after in 1986.[2]

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