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Trade & Logistics

26 October 2026

Transworld gets green light for $43m boxship deal

Downunder Voices Newsroom

Source reporting: Splash247

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Transworld gets green light for $43m boxship deal

India’s Transworld Shipping Lines has secured shareholder approval for the $42. 78m acquisition of two containerships from another company within its controlling shareholder’s group, clearing a key hurdle in its ongoing fleet restructuring. The Navi Mumbai-based listed owner disclosed in a filing that shareholders had backed the purchase of the 2006-built OEL Surya and OEL Varun …

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