{"id":258504,"date":"2026-09-21T10:23:37","date_gmt":"2026-09-21T04:53:37","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=258504"},"modified":"2026-09-21T10:23:37","modified_gmt":"2026-09-21T04:53:37","slug":"knowledge-marine-share-price-green-tug-contract-mumbai-port","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/","title":{"rendered":"Knowledge Marine Share Price in Focus After Third Green Tug Contract From Mumbai Port"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Knowledge Marine &#038; Engineering Works Rs 2,879.60 (-0.26%). Secures third Green Tug contract, Rs 279.33 crore, from Mumbai Port Authority, 15-year tenure.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Knowledge Marine share price is in focus after the company secured its third Green Tug contract from the Mumbai Port Authority, valued at Rs 279.33 crore. The contract involves the construction and hiring of a battery-operated Green Tug for a 15-year tenure, extending a relationship with the port authority that has now yielded three such awards. The stock was largely stable, down a marginal 0.26 percent, even as trading volumes came in below its recent average, suggesting the market had already priced in continued order flow from this now-recurring client relationship.<\/p>\n<\/p><\/div>\n<p>Knowledge Marine share price held broadly steady after the company disclosed it had secured its third Green Tug contract from the Mumbai Port Authority, worth Rs 279.33 crore, extending what has become a recurring commercial relationship with the port operator.<\/p>\n<p>The contract covers the construction and hiring of a battery-operated Green Tug for a 15-year tenure, a long-duration arrangement that provides revenue visibility well beyond the immediate construction phase of the vessel itself.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=knowledge-marine-share-price-green-tug-contract-mumbai-port\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#Why_a_Third_Contract_From_the_Same_Client_Matters\" title=\"Why a Third Contract From the Same Client Matters\">Why a Third Contract From the Same Client Matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#What_a_Battery-Operated_Green_Tug_Involves\" title=\"What a Battery-Operated Green Tug Involves\">What a Battery-Operated Green Tug Involves<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#What_This_Means_for_Knowledge_Marines_Order_Book\" title=\"What This Means for Knowledge Marine&#8217;s Order Book\">What This Means for Knowledge Marine&#8217;s Order Book<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#What_contract_did_Knowledge_Marine_secure\" title=\"What contract did Knowledge Marine secure?\">What contract did Knowledge Marine secure?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#Why_does_a_third_contract_from_the_same_client_matter\" title=\"Why does a third contract from the same client matter?\">Why does a third contract from the same client matter?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#What_is_a_Green_Tug\" title=\"What is a Green Tug?\">What is a Green Tug?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#How_long_is_the_contract_tenure\" title=\"How long is the contract tenure?\">How long is the contract tenure?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#How_did_Knowledge_Marines_share_price_react_to_the_news\" title=\"How did Knowledge Marine&#8217;s share price react to the news?\">How did Knowledge Marine&#8217;s share price react to the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/knowledge-marine-share-price-green-tug-contract-mumbai-port\/#What_should_investors_watch_next_for_Knowledge_Marine\" title=\"What should investors watch next for Knowledge Marine?\">What should investors watch next for Knowledge Marine?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_a_Third_Contract_From_the_Same_Client_Matters\"><\/span><strong>Why a Third Contract From the Same Client Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Winning a third Green Tug contract from the same port authority is a meaningfully different signal than a first-time order win, since it indicates the client has been satisfied enough with Knowledge Marine&#8217;s execution on the earlier two contracts to return for a third, rather than opening the tender to fresh competitive bidding each time.<\/p>\n<p>For a specialised marine engineering company, this kind of repeat business from a single large institutional client, India&#8217;s port authorities being among the most consistent sources of demand in this space, tends to be viewed as a more durable growth signal than one-off order wins from new clients.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen Marine and Port Infrastructure Stocks on Univest<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_a_Battery-Operated_Green_Tug_Involves\"><\/span><strong>What a Battery-Operated Green Tug Involves<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A Green Tug uses battery-electric propulsion instead of conventional diesel engines, reducing emissions from port operations, an area facing growing regulatory and environmental scrutiny globally as ports look to decarbonise their operations.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/nifty-it-stocks-fall-tcs-hcl-infosys-coforge-ai-rally-wall-street\">Nifty IT Stocks Slide as TCS Falls 3%, HCL Tech, Infosys and Coforge Down 2% Each<\/a><\/p>\n<p>The 15-year tenure structure, combining construction with a long hiring period, means Knowledge Marine&#8217;s revenue from this contract extends well beyond the initial build phase, giving the company a multi-year, annuity-like income stream from a single award rather than a one-time construction fee.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_This_Means_for_Knowledge_Marines_Order_Book\"><\/span><strong>What This Means for Knowledge Marine&#8217;s Order Book<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With three Green Tug contracts now secured from Mumbai Port Authority alone, Knowledge Marine appears to be building a specialised niche in India&#8217;s port electrification and green marine infrastructure push, a theme likely to see continued government and port authority investment given broader decarbonisation goals.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/10-stocks-to-buy-today-21-september-shortlist\">10 Stocks to Buy Today: A Shortlist Built Around Last Week&#8217;s Confirmed Catalysts<\/a><\/p>\n<p>Investors should track whether this pattern of repeat business extends to other Indian port authorities beyond Mumbai, which would be a stronger signal of the company&#8217;s ability to scale this specific green tug business nationally rather than remaining concentrated with a single client.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Knowledge Marine and other marine infrastructure stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Knowledge Marine&#8217;s third Green Tug contract from Mumbai Port Authority, worth Rs 279.33 crore over a 15-year tenure, extends a recurring client relationship that points to a durable niche in India&#8217;s port electrification push. Investors should track whether this business model extends to other port authorities, and should consult a SEBI-registered investment adviser before making investment decisions.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_contract_did_Knowledge_Marine_secure\"><\/span><strong>What contract did Knowledge Marine secure?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Knowledge Marine secured its third Green Tug contract from the Mumbai Port Authority, worth Rs 279.33 crore, for the construction and hiring of a battery-operated Green Tug over a 15-year tenure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_a_third_contract_from_the_same_client_matter\"><\/span><strong>Why does a third contract from the same client matter?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Repeat business from the same institutional client typically signals satisfaction with the company&#8217;s execution on earlier contracts, viewed as a more durable growth signal than one-off order wins.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_a_Green_Tug\"><\/span><strong>What is a Green Tug?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A Green Tug is a battery-electric propelled tugboat used in port operations, reducing emissions compared with conventional diesel-powered tugs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_long_is_the_contract_tenure\"><\/span><strong>How long is the contract tenure?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The contract covers construction and hiring of the Green Tug for a 15-year tenure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Knowledge_Marines_share_price_react_to_the_news\"><\/span><strong>How did Knowledge Marine&#8217;s share price react to the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock was largely stable, down a marginal 0.26 percent, suggesting the market had already anticipated continued order flow from this recurring client relationship.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_watch_next_for_Knowledge_Marine\"><\/span><strong>What should investors watch next for Knowledge Marine?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should track whether the company extends this Green Tug contract pattern to other Indian port authorities beyond Mumbai, which would signal broader national scalability.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What contract did Knowledge Marine secure?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Knowledge Marine secured its third Green 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