Knowledge Marine & Engineering has inked sale and purchase agreement with Abnco Vie Win Ent for the acquisition of a new vessel ‘Dumb Barge with Spuds D.B. Abnco I’. This vessel has been acquired for a total consideration of Rs 2.25 crore. The vessel was built in 2010 and is being modified and retrofitted to the requirements and specifications of the work. The company anticipates that the vessel will be deployed in the near term at the Mangrol Fishing Harbour, Gujarat, for Capital Rock Dredging Work.
Knowledge Marine & Engineering Works 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.
