Panambur is the site of New Mangalore Port. It is located in Dakshina Kannada formerly South Canara district of Karnataka state, India, north of the Gurupura river. The name Panambur is derived from 'Panam' which means Money and 'Ur' which means place or village in Tulu language.
There is a Nandaneshwara temple in Panambur. The sea port is near to Surathkal railway station on the Mumbai-Mangalore railway route. There is a beautiful beach on the shore of the Arabian Sea at Tanniru Bhavi to the south of sea port at Panambur. Gurupur river is to the south of Panambur. Many factories are located at Panambur including Mangalore Chemicals and Fertilizers and Kudremukh Iron Ore Company Limited.
New Mangalore Port Trust:
New Mangalore Port Trust operates the deep-water, all-weather port at Panambur, Mangalore in Karanataka state. It is the only major port of Karnataka and is currently the ninth largest port in India. It was formally inaugurated on May 4, 1974 by the then prime minister Indira Gandhi. The construction began in 1962. The port is situated at Panambur, Mangalore on the west coast of India. It is situated to north of confluence of Gurupura( Phalguni ) river to Arabian sea .It is 170 nautical miles (310 km) south of Mormugao Port & 191 nautical miles (354 km) north of Kochi Port. The port situated in Panambur is called New Mangalore Port, as there is an old harbour or port located in Mangalore city which is called by Mangalore bunder or Hale bunder. The old harbour is located to south of New mangalore port. Old port is now being used for fishing and for ferrying small goods.
The national highway 17 ( NH-17 )passes adjoining the port. The nearest railway station is Thokur, but passengers have to alight at Suratkal Railway station which is on Konkan railway route .The Surathkal railway station is approximately 6 kilometres from the New Mangalore port. The port serves hinterland of Karnataka state and to some extent state of Kerala. The major commodities exported through the port are iron ore concentrates & pellets, iron ore fines, manganese, granite stones, coffee,cashew and containerized cargo. The major imports of the port are crude and petroleum products, LPG, wood pulp, timber logs, finished fertilizers, liquid ammonia, phosphoric acid, other liquid chemicals, containerized cargo, etc.