25-Oct-2026 00:46:12
TRANSWORLDAcquisition and merger
TRANSWORLD : SIGNS MOA TO BUY TWO VESSELS FOR $42.78 MN
• MOA signed for purchase of vessels OEL Surya and OEL Varun from Orient Express Lines Inc., Panama • Buyer is Transworld Sea-Connect IFSC Private Limited, a wholly owned subsidiary of Transworld Shipping Lines • OEL Surya consideration at US$22.03 million; OEL Varun at US$20.75 million • Aggregate consideration for the two vessels at US$42.78 million • Company received the MOA on 24 October 2026
Transworld Shipping Lines Ltd
Open attachment