StockWatch
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Shipping
Sale29 May 2026, 09:37 pm

Transworld Shipping Lines Sells Vessel for $5.7 Million

AI Summary

Transworld Shipping Lines Ltd has signed a Memorandum of Agreement (MOA) on May 29, 2026, for the sale of its vessel, M.V. SSL Thamirabarani, to Avana Logistek Limited for a consideration of US$ 5,700,000. The disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Transworld Shipping Lines sells vessel 'M.V. SSL Thamirabarani' to Avana Logistek Limited.
  • The sale consideration for the vessel is US$ 5,700,000.
  • The agreement was signed on May 29, 2026.
  • The disclosure complies with SEBI regulations.