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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