Knowledge Marine & Engineering Works Ltd. have been awarded the Letter of Award (LoA) by the Paradip Port Authority for supply of 01 No. 20 Knots Speed Patrol Boat with a manning crew on hire, for a contract valued at INR 5,02,13,174/-, excluding GST (Rupees Five Crores Two Lakhs Thirteen Thousand One Hundred Seventy-four) only. This contract entails a daily hire charge for a period of five years.

Additionally, in conjunction with the daily hire charges, Paradip Port Authority will provide Fuel (HSD) based on actual consumption. Paradip Port Authority (PPA) is one of the major ports on the East Coast of India. The latest order win allows to expand operations on the East Coast, where already provide services to one of the major ports, Visakhapatnam Port.

The company have already provided similar kind of boat to Visakhapatnam Port in the year 2022. This order marks third successful contract win in the fast-speed patrol boat category, underlining growing presence and success in the small craft business. A new craft, the "High-Speed Patrol Boat" with a speed of 20 knots, will be added to fleet soon.