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Transworld Shipping Lines Signs US$16.4 Million Kaveri Vessel Sale Agreement


13 August 2026
Transworld Shipping Lines Ltd.

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.


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