Deals18 May 2026, 05:41 pm
Transworld Shipping Lines Sells Vessel for $3.5 Million
AI Summary
Transworld Shipping Lines Ltd has signed a Memorandum of Agreement (MOA) on May 18, 2026, to sell its vessel, M.V. SSL Mumbai, to Avana Logistek Limited for US$ 3,500,000. The disclosure is made under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement does not involve any related party transactions or shareholding implications.
Key Highlights
- Transworld Shipping Lines sells M.V. SSL Mumbai to Avana Logistek Limited.
- The sale consideration for the vessel is US$ 3,500,000.
- The agreement was signed on May 18, 2026.
- The transaction is not a related party transaction.
Price Impact
More from SHREYAS