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Knowledge Marine secures Rs 11.41 crore work order from Paradip Port Authority for five years
10-Aug-2026, 07:46
Knowledge Marine & Engineering Works Limited (KMEW) (BSE: 543273 | NSE: KMEW) announced it has received a work order from the Paradip Port Authority for the hiring of one 25-Knot Speed Patrol-Cum-Chase Boat, along with a manning crew, for a period of five years. The contract is valued at Rs 11,41,01,079/- including GST, and will support Paradip Port's waterfront patrolling capabilities and adherence to ISPS Code requirements. KMEW intends to construct the vessel in-house through its shipbuilding arm, Knowledge Shipyard Private Limited, and anticipates increased demand for specialized marine assets across India’s ports.
Knowledge Marine & Engineering Works Limited (KMEW) (BSE: 543273 | NSE: KMEW) announced it has received a work order from the Paradip Port Authority for the hiring of one 25-Knot Speed Patrol-Cum-Chase Boat, along with a manning crew, for a period of five years. The contract is valued at Rs 11,41,01,079/- including GST, and will support Paradip Port's waterfront patrolling capabilities and adherence to ISPS Code requirements. KMEW intends to construct the vessel in-house through its shipbuilding arm, Knowledge Shipyard Private Limited, and anticipates increased demand for specialized marine assets across India’s ports.