StockWatch
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Shipping
Sale26 Jul 2026, 01:30 pm

Transworld Shipping Sells Vessel for $3.08 Million

AI Summary

Transworld Shipping Lines Ltd. has signed a Memorandum of Agreement (MOA) on July 26, 2026, to sell its vessel, M.V. SSL Visakhapatnam, to Last Voyage DMCC or its nominee for a consideration of US$ 3,080,300.30. The company has provided the requisite details as per SEBI regulations. The transaction does not involve any related party or conflict of interest.

Key Highlights

  • Vessel sale agreement signed for US$ 3.08 million.
  • Transaction involves M.V. SSL Visakhapatnam and Last Voyage DMCC.
  • No related party transaction or conflict of interest identified.
  • Details submitted as per SEBI Listing Obligations and Disclosure Requirements.