Transworld Shipping Lines Merger & Restructuring Worth ₹0.2 Cr
Transworld Shipping Lines executed a Joint Venture Agreement with Bainbridge Navigation DMCC. The company will hold a 60% stake in the new shipping pool venture.
- Value
- ₹0.20 Cr
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Transworld Shipping Lines executed a Joint Venture Agreement with Bainbridge Navigation DMCC. The company will hold a 60% stake in the new shipping pool venture.
Transworld Shipping Lines has signed an agreement to sell its vessel 'TBC Kailash' to Mandarine Ocean Ltd. for a total consideration of US$ 9.25 million.
Transworld Shipping sold vessel M.V. SSL Brahmaputra to Avana Logistek Limited. Delivery at Fujairah, UAE was completed on September 10, 2026.
Transworld Shipping Lines signed an MOA to sell its vessel 'M.V. SSL Kaveri' for USD 16.4 million (approx. ₹155.8 Crore).
Transworld Shipping Lines Limited signed an agreement to sell its vessel, M.V. SSL Brahmaputra, to Avana Logistek Limited for US$ 11.4 million.
Transworld Shipping Lines sold its vessel, M.V. SSL Sabarimalai, to Avana Logistek Limited for US$ 4.1 million (approx. ₹38.95 Crore).
Transworld Shipping Lines signed a Memorandum of Agreement to sell the vessel M.V. SSL Visakhapatnam for USD 3,080,300.30.
Transworld Shipping Lines completed the sale and delivery of vessel M.V. SSL Thamirabarani to Avana Logistek. The vessel was delivered at Chennai on July 14, 2026.
Transworld Shipping Lines completed the sale and delivery of vessel M.V. SSL Godavari to Avana Logistek Limited. This asset disposal streamlines the company's maritime fleet operations.
Transworld Shipping Lines Limited signed an agreement to sell its vessel 'M.V. SSL Thamirabarani' for ₹54.15 Crore. The sale to Avana Logistek Limited monetises existing assets.
Transworld Shipping Lines agreed to sell its vessel M.V. SSL Mumbai for ₹33.60 Crore. The transaction with Avana Logistek facilitates strategic asset monetisation.
Transworld Shipping Lines Limited signed a Memorandum of Agreement to sell its vessel 'M.V. SSL Bharat' to Avana Logistek Limited. The transaction is valued at US$ 4.8 million (approximately ₹45.60 Crore). This divestment of a company-owned asset is part of the firm's strategic vessel management operations.
Transworld Shipping Lines Limited signed an agreement to sell its vessel, M.V. SSL Gujarat, to Avana Logistek Limited for US$ 3,500,000 (approx. ₹32.90 Crore). The transaction is not a related party transaction and follows standard commercial terms.
Transworld Shipping Lines Limited signed a Memorandum of Agreement to sell its vessel 'M.V. SSL Godavari' to Avana Logistek Limited. The transaction is valued at ₹182.28 Crore (US$ 19.6 million). This strategic asset sale is part of the company's operational realignment.
Transworld Shipping Lines Ltd has completed the sale and delivery of its vessel, M.V. SSL Krishna, to Avana Logistek Limited at Chennai. The transaction was finalized on April 8, 2026, following the execution of the Protocol of Delivery and Acceptance.