Knowledge Marine & Engineering Works Ltd. has been awarded the Letter of Award (LoA) by the Visakhapatnam Port Authority for the Supply, Manning, Operation, and Maintenance of 1 No Pilot Launch with a Steel hull on hire basis at a contract value of INR 34,492,500/excluding GST. The contract is for a period of three years and is set to commence from March 24, 2024. The award underscores outstanding execution capabilities, initially demonstrated by securing the maiden contract from Visakhapatnam Port in 2018 for a period of 3 years.

This contract then extended for an additional two years upto March 23, 2024, which solidifies track record. Nature of order(s) /contract(s):- Project for supplying, manning, operating and maintaining 1 No Pilot Launch on hire basis for a period of Three Years. Significant terms and conditions of order(s) /contract(s) awarded in brief:- Supply, Manning, Operation, and Maintenance of 1 No Pilot Launch with a Steel hull on hire basis for a period of Three Years.