19-Oct-2026 23:36:50

TRANSWORLDAcquisition and merger

TRANSWORLD : ACQUIRES VESSEL SALTWIND EXPLORER FOR $16.5 MN

• Signed Memorandum of Agreement on 19th October 2026 to purchase vessel SALTWIND EXPLORER • Buyer is Transworld Shipping Lines Limited (NSE: TRANSWORLD); seller is Saltwind Explorer Inc. • Consideration for the vessel is US$16,500,000 • No shareholding of the company in the seller entity; parties are not related to promoter/promoter group • Transaction does not fall within related party transactions

Transworld Shipping Lines Ltd

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