Knowledge Marine moves up on securing second order for Green Tug
This achievement reflects KMEW’s visionary efforts in promoting environmentally responsible marine operations
Knowledge Marine & Engineering Works is currently trading at Rs. 2726.85, up by 11.60 points or 0.43% from its previous closing of Rs. 2715.25 on the BSE.
The scrip opened at Rs. 2698.95 and has touched a high and low of Rs. 2780.00 and Rs. 2693.45 respectively. So far 2057 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2933.95 on 10-Nov-2025 and a 52 week low of Rs. 1265.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 2885.00 and Rs. 2489.25 respectively. The current market cap of the company is Rs. 3323.60 crore.
The promoters holding in the company stood at 60.69%, while Institutions and Non-Institutions held 0.90% and 38.41% respectively.
Knowledge Marine & Engineering Works (KMEW) has secured its second order for a state-of-the-art Green Tug, marking another significant milestone in the company’s commitment to sustainable maritime solutions and long-term service excellence. The newly awarded contract spans a duration of 15 years, reinforcing the trust and confidence placed in KMEW’s technical capability, operational performance, and innovation-driven approach.
The said Letter of Award is issued by Visakhapatnam Port Authority for ‘Manning, Operation, Maintenance and Complete Technical Management of contractor Owned 01 No. ASTDS-GTTP Tug’ at a value of Rs 384.33 crore including taxes for a period of 15 years. This achievement reflects KMEW’s visionary efforts in promoting environmentally responsible marine operations. The Green Tug--designed with advanced battery operating systems with zero-emission technology--aligns with global initiatives toward greener shipping and supports the client’s long-term sustainability goals.
With this repeat order, KMEW will realize significant synergy benefits in capital expenditure through consolidated, multi-unit procurement with key vendors. Bulk ordering enables more favorable pricing, streamlined logistics, and standardized component configurations across vessels. In parallel, the replication of engineering, integration, and project-management workflows across both tugs reduces overhead costs by minimizing design iteration, shortening build cycles, and optimizing resource allocation. These combined efficiencies strengthen overall project economics and enhance scalability for future green-tug deployments.
Knowledge Marine & Engineering Works (Knowledge Marine) is engaged in the business of owning and operating of Marine Crafts for dredging along with repairs and maintenance/refits of Marine Crafts and Marine Infrastructure.

