Knowledge Marine Wins ₹96.24 Crore Tugboat Contract at VOC Port

Knowledge Marine & Engineering Works Ltd. Secures Major Tugboat Contract

Knowledge Marine & Engineering Works Ltd. (KMEW) has been awarded a significant contract by the V.O. Chidambaranar Port Authority. The project involves supplying, manning, operating, and maintaining a 60T Bollard Pull Azimuth Stern Drive (ASD) Tug for a period of seven years. Valued at ₹96.24 crore (inclusive of taxes), this contract marks a milestone for KMEW as it ventures into handling larger, more complex tugboat operations.

Key Highlights of the Contract

• Contract Significance:
  KMEW’s first contract for a 60T Bollard Pull ASD Tug reflects its growing capabilities in the maritime sector.

• Purpose of the Tug:
  The tug will be instrumental in maneuvering large vessels, including those above 80,000 tons, ensuring safe berthing and unberthing operations within the port’s constrained spaces.

• Contract Details:

  • Duration: 7 years
  • Value: ₹96,24,42,578 (inclusive of taxes)

• Deployment Location:
  The tug will operate at V.O. Chidambaranar Port in southern India. KMEW is already executing a patrol boat contract for the same port, reinforcing its relationship with the authority.

• New Construction:
  A newly built 60-ton Bollard Pull ASD Tug will be mobilized for the project, adhering to advanced technical and operational standards.

• Market Potential:
  With over 100 similar tugs needed in India, this contract qualifies KMEW to address growing demands in the port sector.

• Ethical Compliance:
  The sources confirm no conflict of interest or related party transactions, ensuring the transparency of the contract award process.

This achievement underscores KMEW’s expanding expertise in specialized maritime services and its commitment to meeting India’s evolving port infrastructure needs.