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EQUITY - MARKET SCREENER

Reliance Industries Ltd
Industry :  Refineries
BSE Code
ISIN Demat
Book Value()
500325
INE002A01018
761.3350814
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
RELIANCE
46.17
1941110.2
EPS(TTM)
Face Value()
Div & Yield %
62.14
10
0.35
 

KMEW acquires vessel for deployment in sand mining contracts in Bahrain
Jan 11,2024

Knowledge Marine & Engineering Works, operating through its Wholly Owned Subsidiary Company 'Knowledge Marine Co. W.L.L.,' established in Bahrain, has acquired a Trailing Suction Hopper Dredger River Pearl 18 (Ex SEAFORD) of 1,890 Cubic Meters hopper capacity bearing IMO No. 7349388. The vessel is built in Krupp, Germany in the year 1974 but rebuilt in 2010 and is registered under Bureau Veritas (IACS Class) with the inbuilt pump ashore facility which is very crucial for discharge of sand.

The recently acquired asset, River Pearl 18, will be the third TSHD in the fleet of KMEW and has been mobilized from Bulgaria to Bahrain and is ready to be deployed in Bahrain to spearhead the sand mining contracts. This vessel boasts advanced capabilities, allowing for the efficient extraction of sand from the seabed and seamless transportation over extensive distances. With a projected operational lifespan of approximately 15 years, River Pearl 18 represents a valuable addition to the existing fleet.