Knowledge Marine & Engineering Works Ltd (KMEW) has acquired around 15 acres of waterfront land in Saphale, Palghar, Maharashtra, through its subsidiary Knowledge Shipyard Pvt Ltd, with an option to expand by an additional 5 acres, the company said on Monday. The site, located along the Vaitarna River and in proximity to the upcoming Vadhvan Port, is set to be developed into a shipyard as KMEW expands into commercial shipbuilding and maritime in…
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