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Transworld Shipping Lines signed an MOA with Avana Logistek to sell the vessel SSL Kaveri for US$16.4 million. The buyer is unrelated, and the transaction is not a related-party transaction. Context: addresses the stranded-vessel overhang.
Transworld Shipping Lines Buys OEL Surya Varun For $42.78 Million
Transworld Shipping Lines Buys Saltwind Explorer Vessel For $16.5 Million
Transworld Shipping Lines Signs US$9.25 Million TBC Kailash Sale Agreement
Transworld Shipping Lines Approves US$42.78 Million Acquisition Of Two Container Vessels
Transworld Shipping Lines Signs US$11.75 Million Vessel Purchase Agreement