Transworld Shipping Agrees to Sell Vessel for $3 Million

MT Newswires Live
07/27

Transworld Shipping Lines (NSE:TRANSWORLD, BOM:520151) signed an agreement to sell its vessel SSL Visakhapatnam to Last Voyage DMCC or its guaranteed nominee for $3.08 million, according to a Saturday stock exchange filing.

The company said it executed the memorandum of agreement on July 26. The sale will be completed upon delivery of the vessel.

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