Transworld Shipping

Transworld Shipping Lines signed a memorandum of agreement on 22 July to sell M.V. SSL Kaveri to Avana Logistek Limited for US$16.4m. The parties were unrelated and the transaction was not a related-party deal. SSL Kaveri had remained a stranded vessel, while the company's fleet-renewal programme had been executed through a series of vessel disposals. Four vessels had been sold or delivered by June 2026. Transworld reported FY26 revenue from operations of ₹548.31 crore and a net loss of ₹75.06 crore.

Powered by Tijori

Transworld Shipping Lines signed a memorandum of agreement on 7 August to sell its vessel M.V. SSL Brahmaputra to Avana Logistek for US$11.4 million. Four vessels had been sold or delivered by June 2026, while SSL Mumbai was held for sale as part of the company's fleet-renewal programme. Shipping accounted for ₹356.70 crore of FY26 revenue, compared with ₹181.76 crore from freight forwarding. Consolidated revenue from operations was ₹548.31 crore in FY26, while net debt stood at ₹290.02 crore.

Powered by Tijori

Aug 7 (Reuters) - Transworld Shipping Lines Ltd TANW.NS:

• JUNE-QUARTER CONSOL PROFIT 295.1 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.02 BILLION RUPEES

Source text: ID:nBSEc4ypYV

Further company coverage: TANW.NS

(([email protected];))

Transworld Shipping Lines signed a Memorandum of Agreement on 4 August 2026 to sell its vessel, M.V. SSL Sabarimalai, to Avana Logistek Limited for US$4.1 million. The disposal is the latest in the company's ongoing fleet rationalisation programme, following several other vessels sold or agreed to be sold to the same buyer this year. Payment is due one day prior to delivery of the vessel, according to the filing.

Powered by Tijori

Transworld Shipping Lines has signed a Memorandum of Agreement on 26 July 2026 to sell its vessel M.V. SSL Visakhapatnam to Last Voyage DMCC or their guaranteed nominee for US$3,080,300.30. The sale marks the latest disposal in the company's fleet rationalisation programme and introduces a new counterparty after earlier sales to Avana Logistek. Payment is due upon delivery of the vessel, according to the filing. Transworld's market capitalisation stands at around ₹347 crore, placing it in the nano-cap segment.

Powered by Tijori

July 26 - Transworld Shipping Lines Ltd TANW.NS:

• TRANSWORLD SHIPPING LINES LTD - SALE OF VESSEL TO LAST VOYAGE DMCC FOR $3.08 MILLION

Further company coverage: TANW.NS

Jan 13 (Reuters) - Transworld Shipping Lines Ltd TANW.NS:

• HIGH COURT ORDERS ARREST OF SSL VISAKHAPATNAM VESSEL

Source text: ID:nBSEbsj5JY

Further company coverage: TANW.NS

(([email protected];;))

Sept 16 (Reuters) - Transworld Shipping Lines Ltd TANW.NS:

• HIGH COURT PERMITS SSL BRAHMAPUTRA TO SAIL FROM MUNDRA PORT

• TO SUBMIT 17.1 MILLION RUPEES BANK GUARANTEE BY OCT 13

Source text: ID:nNSE9CWDSp

Further company coverage: TANW.NS

(([email protected];;))

** Shares of Indian shipping companies up 5%-20%

** Government may announce incentives and launch Maritime Development Fund (MDF) for shipping services providers and shipbuilders in July 23 budget, broadcaster CNBC Awaaz reports, citing sources

** Adds, MDF likely to receive allocation of 150 bln rupees to 200 bln rupees (1.79 bln-$2.39 bln) to help shipbuilders, like Shipping Corp SCI.NS, avail long-term loans at lower costs

** SCI and peer Shreyas Shipping SRSH.NS up 20% each; SCI at record high while SRSH eyes best day since May 2023

** Garden Reach Shipbuilders GRSE.NS, Cochin Shipyard COCH.NS and Mazagon Dock MAZG.NS up 5% each; Seamec SEAM.NS up 6.4% at record high

($1 = 83.5685 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

March 18 (Reuters) - Shreyas Shipping and Logistics Ltd SRSH.NS:

• SHREYAS SHIPPING AND LOGISTICS - APPROVES INCORPORATION OF UNIT IN INTERNATIONAL FINANCIAL SERVICES CENTRE AT GIFT CITY, GANDHINAGAR

• SHREYAS SHIPPING AND LOGISTICS - INCORPORATED WITH MAIN OBJECT OF ACQUISITION OF VESSELS, SHIP LEASING

Source text for Eikon: [ID:]

Further company coverage: SRSH.NS

(([email protected];))

Jan 5 (Reuters) - Shreyas Shipping and Logistics Ltd SRSH.NS:

• FIRE ON VESSEL 'M.V. SSL BRAHMAPUTRA'

• ALL CREW ON BOARD OF VESSEL ARE REPORTED SAFE AND THERE HAS BEEN NO POLLUTION

• EXACT ASSESSMENT OF DAMAGES SUSTAINED IN FIRE INCIDENT REMAINS TO BE ASCERTAINED

• ASSESSMENT OF DAMAGES AND NEXT COURSE OF ACTION IS BEING EVALUATED

Source text for Eikon: ID:nBSEtrrcq

Further company coverage: SRSH.NS

(([email protected];))

Dec 14 (Reuters) - Shreyas Shipping and Logistics Ltd SRSH.NS:

• SHREYAS SHIPPING AND LOGISTICS LTD - SIGNED A MEMORANDUM OF AGREEMENT FOR SALE OF ONE VESSEL, M.V. SSL DELHI

Source text for Eikon: ID:nBSESnpjx

Further company coverage: SRSH.NS

(([email protected];;))

Sept 28 (Reuters) - Shreyas Shipping and Logistics Ltd SRSH.NS:

• TRANSWORLD HOLDINGS' INTENTION TO GIVE COUNTER-OFFER PURSUANT TO REVERSE BOOK BUILDING OF CO

Source text for Eikon: ID:nBSE4gcW1h

Further company coverage: SRSH.NS

(([email protected];))

Shreyas Shipping and Logistics Ltd SRSH.NS:

• SHREYAS SHIPPING AND LOGISTICS LTD- SALE OF ONE VESSEL M.V. SSL GANGA

Source text for Eikon: ID:nBSEb9QYtS

Further company coverage: SRSH.NS

May 24 (Reuters) - Shreyas Shipping and Logistics Ltd SRSH.NS:

• BOARD PROVIDED ITS CONSENT TO THE DELISTING PROPOSAL

• FLOOR PRICE OF THE DELISTING OFFER IS RUPEES 292 PER SHARE

Source text for Eikon: ID:nBSE4VxDJS

Further company coverage: SRSH.NS

(([email protected];))

May 18 (Reuters) - Shreyas Shipping and Logistics Ltd SRSH.NS:

• MARCH-QUARTER CONSOL PROFIT 180.5 MILLION RUPEES VERSUS 747 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 810.9 MILLION RUPEES VERSUS 1.52 BILLION RUPEES

• REAPPOINTS MILIND KASHINATH PATANKAR AS MD

• DIVIDEND 1.50 RUPEES PER SHARE

Source text for Eikon: [ID:]

Further company coverage: SRSH.NS

(([email protected];))

May 12 (Reuters) - Shreyas Shipping and Logistics Ltd SRSH.NS:

• SIGNED A MEMORANDUM OF AGREEMENT FOR SALE OF ONE VESSEL

Source text for Eikon: ID:nNSE7kxCxg

Further company coverage: SRSH.NS

(([email protected];))