Transworld keeps fleet reshuffle rolling with bulker sale

India’s Transworld Shipping Lines has struck a deal to sell one of its two dry bulk carriers, agreeing a $9.25m sale of the 2011-built TBC Kailash. The Mumbai-listed owner is selling the 35,152 dwt unit to Mandarine Ocean, according to an exchange filing. The Chinese-built vessel joined the company, then known as Shreyas Shipping and … Read full article →