KMEW Accelerates Maritime Innovation with Strategic MoUs at India Maritime Week 2025
Knowledge Marine & Engineering Works Ltd. (BSE: 543273) (NSE: KMEW) significantly participated in India Maritime Week 2025 and signed multiple MoUs with Mumbai Port Authority, V.O. Chidambaranar Port Authority and Maharashtra Maritime Board. The MoUs, valued at Rs. 1,560 Crores, involve providing various services in the Maritime Industry such as chartering along with manning, operation, maintenance and complete technical management of conventional Harbour Tugs, GTTP compliance Battery Operated Harbour Tug, dock tugs and security patrol boats for a specified period. These strategic partnerships mark a significant milestone in KMEW’s journey toward sustainable maritime excellence and reinforce its commitment to innovation and operational integrity, aligning with India’s vision for a green and globally competitive maritime sector.
Key Highlights
- KMEW signed MoUs with Mumbai Port Authority, V.O. Chidambaranar Port Authority and Maharashtra Maritime Board worth Rs. 1,560 Crores.
- The MoUs involve providing various maritime services, including chartering, manning, operation, maintenance and technical management of different types of tugs and patrol boats.
- These partnerships reinforce KMEW's commitment to innovation, operational integrity and align with India's vision for a green and globally competitive maritime sector.
- KMEW is an established player in the small marine craft business segment and dredging services in India with a multi-million order book from esteemed clients.