Knowledge Marine & Engineering Works Limited
Knowledge Marine & Engineering Works Ltd provides dredging services, owning and operating marine craft, and repairing, maintaining and refitting marine crafts and marine infrastructure
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KMEW acquired ~15 acres of waterfront land in Saphale, Maharashtra, via its subsidiary. This strategic move establishes a new shipyard, enhancing its commercial shipbuilding and repair capabilities. The land offers natural marine advantages, positioning KMEW for future growth in India's expanding maritime sector.
KMEW acquired ~15 acres of waterfront land in Saphale, Maharashtra, for a new shipyard. This strategic move expands its commercial shipbuilding capabilities, establishing a sustainable, technology-driven hub. Positioned near Vadhvan Port, it aims to capitalize on India's maritime growth.
KMEW secured approval to switch to a Tonnage Tax Scheme for 10 years from A.Y. 2026-27. This move is set to significantly reduce tax liability, boost profitability & cash flow, and enhance competitiveness in project bids, enabling faster fleet expansion.
KMEW signed MoUs worth Rs. 1,560 Cr with Mumbai Port, V. O. Chidambaranar Port, and Maharashtra Maritime Board. These partnerships secure long-term contracts for tugs, patrol boats, and shipbuilding/repair facilities, bolstering KMEW's role in India's green maritime sector.