Date: 19th October 2026
Board Meeting Outcomes
- The Company signed a Memorandum of Agreement (MOA) on 19th October 2026 for purchase of one vessel
Disinvestment / Strategic Actions
- Transaction Type: Purchase of vessel
- Vessel Name: SALTWIND EXPLORER
- Seller: Saltwind Explorer Inc.
- Buyer: Transworld Shipping Lines Limited
- Consideration: US$ 16,500,000
- Relationship Status: No shareholding or relationship between parties
- Transaction Nature: Not a related party transaction
- Arm's Length Confirmation: Transaction confirmed to be at arm's length