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Home > All news > KMEW secures Rs 279.33 crore Green Tug contract from Mumbai Port Authority

KMEW secures Rs 279.33 crore Green Tug contract from Mumbai Port Authority

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Mumbai - Knowledge Marine & Engineering Works Ltd (KMEW) has received a significant work order from Mumbai Port Authority (MbPA) for the chartering of a 60-ton bollard pull capacity new battery-operated electric green tug. The contract, valued at Rs 279.33 crore including GST, spans a period of 15 years.

This marks KMEW’s third Green Tug contract, reinforcing its position in India’s burgeoning green maritime sector. The company will leverage its subsidiary, Knowledge Shipyard Limited, for construction and will manage operations, maintenance and technical aspects.

The order aligns with India’s Green . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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