Transworld Shipping Lines has signed a Memorandum of Agreement (MoA) with Avana Logistek. The MoA is for the sale of vessel ‘M.V. SSL Sabarimalai’ owned by the company for consideration of $4.1 million.
Transworld Shipping Lines (formerly known as Shreyas Shipping and Logistics) is the Indian-flagged vessel-owning company of the Transworld Group. The company provides uninterrupted service for out-of-gauge and heavy break bulk cargo with its owned fleet of ships.