Knowledge Marine Inks ₹1,560 Cr Port Authority Deals

Knowledge Marine & Engineering Works has announced the execution of several significant Memoranda of Understanding (MoU) with the Mumbai Port Authority, V. O. Chidambaranar Port Authority, and the Maharashtra Maritime Board, amounting to Rs. 1,560 crore during the India Maritime Week 2025, which took place in Mumbai from 27 October to 31 October 2025.

These MoUs encompass the provision of a range of services within the Maritime Industry, including Chartering, Manning, Operation, Maintenance, and comprehensive Technical Management of six conventional Harbour Tugs for a duration of seven years, as well as one GTTP-compliant Battery Operated Harbour Tug for fifteen years.

Additionally, the agreements involve the chartering and hiring of two dock tugs and two Security Patrol Boats for seven years, and facilitating the Maharashtra Maritime Board in extending support through the provision of shipbuilding and ship repair facilities.

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Knowledge Marine & Engineering Works Limited (KMEW) was established in 2015 and specializes in Dredging, Owning, Operating, and Chartering Port Ancillary Crafts. With over 75 years of combined experience among its promoters in the dredging sector, the Company has evolved from a modest ship repair facility to a significant player in the dredging industry across three nations: India, Myanmar, and Bahrain.

KMEW was founded and is promoted by five young professionals, with an average age of 36 years, holding advanced degrees in Naval Architecture and Marine Engineering, Marine Mechanical Engineering, Mechanical Engineering, Company Secretaryship, Law, Management, and Chartered Accountancy.

With the backing, guidance, and counsel of the Non-Executive Directors, Independent Directors, senior management, site management, and offshore personnel (the second and third tiers of the organization), we are well-prepared to tackle any challenges that may arise. Over the past decade, our team has expanded from five to over 450 members.