KMEW's CFO Kanak Kewalramani Honored with Prestigious Maritime Leadership Award

1 min read     Updated on 12 Sept 2025, 06:21 PM
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Radhika SahaniScanX News Team
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Overview

Mrs. Kanak Kewalramani, Whole-time Director and CFO of Knowledge Marine & Engineering Works Limited (KMEW), has been awarded the Woman Leadership in Maritime Award 2025 by the Maritime Excellence Awards. Selected from eight nominees, the award recognizes her leadership, financial stewardship, and commitment to operational excellence. KMEW's CEO praised her contributions, highlighting her role in the company's growth, asset efficiency, and position in marine infrastructure development. KMEW, established in 2015, specializes in marine craft operations, dredging services, ship repair, and hydrographic surveys.

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*this image is generated using AI for illustrative purposes only.

Knowledge Marine & Engineering Works Limited (KMEW), a leading private sector dredging and marine engineering service provider, has announced a significant achievement for one of its top executives. Mrs. Kanak Kewalramani, the company's Whole-time Director and Chief Financial Officer, has been awarded the Woman Leadership in Maritime Award 2025 by the Maritime Excellence Awards.

Distinguished Recognition

Mrs. Kewalramani was selected for this honor from among eight distinguished nominees across the maritime sector. The award recognizes her visionary leadership, financial stewardship, and unwavering commitment to operational excellence in the maritime industry.

CEO's Commendation

KMEW's CEO, Sujay Kewalramani, praised Mrs. Kewalramani's accomplishment, stating, "Mrs. Kewalramani's recognition is a testament to the transformative impact of women leaders in shaping the future of maritime India. We are proud to have her at the helm of our strategic and financial journey. Her vision will continue to drive us toward greater achievements and stronger horizons."

Impact on KMEW

The award underscores Mrs. Kewalramani's significant contributions to KMEW's success. Her strategic acumen has been instrumental in:

  • Driving the company's disciplined growth
  • Enhancing asset efficiency
  • Reinforcing KMEW's position as a trusted partner in marine infrastructure development

About KMEW

Incorporated in 2015, Knowledge Marine & Engineering Works Limited has established itself as a key player in the maritime sector. The company specializes in:

  • Owning and operating marine crafts
  • Dredging services at various ports
  • Repair and maintenance of naval and merchant ships
  • Conducting hydrographic and magnetometer surveys
  • Providing technical solutions for vessel maintenance and operations

KMEW has evolved from a small ship-repair unit to a ship-owning company with a multi-million order book. Its esteemed clients include the Ministry of External Affairs, various port trusts, and the Dredging Corporation of India.

Broader Implications

This recognition not only celebrates Mrs. Kewalramani's individual achievement but also highlights KMEW's commitment to inclusive leadership and innovation in maritime engineering. It sets new benchmarks for performance, governance, and sustainability in the industry.

The Woman Leadership in Maritime Award 2025 serves as an inspiration for aspiring women leaders in the maritime sector and reinforces the importance of diversity in driving industry excellence.

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Knowledge Marine Secures ₹47.59 Crore Dredging Contract from Deendayal Port Authority

1 min read     Updated on 09 Sept 2025, 03:06 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Knowledge Marine & Engineering Works Limited (KMEW) has been awarded a ₹47.59 crore dredging contract by Deendayal Port Authority. The project involves dredging operations at Ghoha Ro-Ro Terminal with a 12-month completion timeline. KMEW will use its existing vessel, River Pearl 8, for initial capital dredging. The contract is split into two phases: 60% for initial capital dredging in the first 3 months, and 40% for maintenance dredging in the remaining 9 months. This new order adds approximately 25% to KMEW's previous year turnover. The company secured this contract against competition from Sahara Dredging Limited and Rock and Reef Dredging Private Limited.

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*this image is generated using AI for illustrative purposes only.

Knowledge Marine & Engineering Works Limited (KMEW) has secured a significant dredging contract worth ₹47.59 crores from Deendayal Port Authority. The project involves dredging operations at Ghoha Ro-Ro Terminal and has a completion timeline of 12 months.

Contract Details

The scope of work includes:

  • Dredging in the approach channel, turning circle, and berth pockets surrounding the landing pontoon
  • Maintaining a depth of 6.8m Below Chart Datum (BCD) from the existing dredged level at Ghogha Ro-Ro Terminal in Gujarat

KMEW will deploy its existing vessel River Pearl 8, a Trailing Suction Hopper Dredger, for the initial capital dredging work. This strategic deployment showcases the company's asset readiness and commitment to maximizing fleet utilization.

Financial Impact

The contract value of ₹47.59 crores (including taxes) is split into two phases:

Phase Duration Percentage of Contract Value
Initial capital dredging First 3 months 60%
Maintenance dredging Remaining 9 months 40%

This new order adds approximately 25% to KMEW's previous year turnover, reinforcing the company's growth trajectory and long-term business sustainability.

Competitive Edge

KMEW secured this contract against strong competition from Sahara Dredging Limited and Rock and Reef Dredging Private Limited. The win highlights KMEW's focus, determination, and effective methodology in competitive bidding scenarios.

Management Commentary

Mr. Sujay Kewalramani, CEO of Knowledge Marine & Engineering Works Ltd, commented:

"This latest contract win further strengthens our presence at Deendayal Port and underscores the trust placed in us by the Deendayal Port Authority. Our consistent success in securing such projects highlights our operational excellence and dedication to enhancing India's maritime infrastructure. By strategically deploying existing assets, we continue to execute high-value projects without incurring significant capital expenditure—demonstrating our commitment to operational discipline and asset optimization."

The contract reinforces KMEW's position as a key player in India's dredging landscape, showcasing its ability to deliver complex projects efficiently while maximizing the utilization of its existing fleet.

Historical Stock Returns for Knowledge Marine & Engineering Works

1 Day5 Days1 Month6 Months1 Year5 Years
+3.51%+34.41%+33.02%+62.69%+13.52%+13.52%
Knowledge Marine & Engineering Works
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