Transworld Shipping Sells Vessel M.V. SSL Visakhapatnam to Marshall Islands Entity
Transworld Shipping Lines Limited, formerly known as Shreyas Shipping & Logistics Ltd, has completed the sale of its vessel, M.V. SSL Visakhapatnam. The transaction involved the transfer of the vessel to M/s KNIGHT MARINE INC. Trust Company Complex, based in the Marshall Islands.The successful completion of the sale occurred on August 07, 2026, following the execution of the Protocol of Delivery and Acceptance between the buyer and Transworld Shipping Lines Limited. The delivery of the vessel was executed at Pipavav, India.
The details of the vessel transfer are as follows:
| Detail | Information |
|---|---|
| Company (Seller) | TRANSWORLD SHIPPING LINES LIMITED |
| Vessel Name | M.V. SSL Visakhapatnam |
| Buyer | KNIGHT MARINE INC. Trust Company Complex |
| Completion Date | August 07, 2026 |
| Delivery Location | Pipavav, India |
TRANSWORLD Stock Price Movement
Transworld Shipping Lines Limited saw its stock edges higher today, settling at ₹166 after gaining a solid 4.15% or ₹6.58. The equity closed on this positive note amid trading activity involving 30,082 shares of the shipping line.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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