In a significant legal development, the Gujarat High Court has issued an arrest order for the SSL Brahmaputra, a vessel owned by Transworld Shipping Lines . The order, dated September 12, 2025, comes in response to a plea filed by Fair Exports (India) Private Limited, seeking damages for cargo loss resulting from a fire incident.

Fire Incident and Damage Claim

The case stems from a fire that occurred on the SSL Brahmaputra on January 1, 2024. The incident led to a power outage on the vessel, resulting in total damage to containerized cargo. Fair Exports is pursuing a claim of INR 1.71 crore, excluding interest, to compensate for the losses incurred.

Legal Implications

This arrest order marks the seventh case against Transworld Shipping Lines related to the same fire incident. The company is already facing six pending cases in various courts, highlighting the extensive legal challenges arising from the event.

Operational and Insurance Details

The SSL Brahmaputra operates under a long-term charter agreement with Avana Logistek Limited. Importantly, the vessel is insured with the International Group of Protection and Indemnity Club, which covers third-party liability, including cargo claims.

Financial Outlook

Despite the legal proceedings, Transworld Shipping Lines anticipates no direct financial liability from this case. The company expects that the matter will be handled by the vessel's liability insurers, potentially mitigating the financial impact on the shipping line.

Industry Implications

This case underscores the complex legal and financial risks faced by shipping companies, particularly in incidents involving cargo damage. It also highlights the critical role of maritime insurance in managing these risks and protecting shipping companies from potentially significant financial liabilities.

As the legal proceedings unfold, the outcome of this case and the related pending cases could have broader implications for the shipping industry, potentially influencing future risk management strategies and insurance practices in the sector.

Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) has announced that its vessel SSL Sabarimalai has resumed operations following a 15-day off-hire period. The vessel received clearance from the Mercantile Marine Department (MMD) in Kolkata, allowing it to return to service.

Regulatory Clearance Details

According to a disclosure made by the company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the following key points were highlighted:

• The Principal Officer of MMD, Kolkata issued Release Order No. MMDKOL/84/2023-MMD-KOLKATA on August 29, 2023, for the vessel SSL Sabarimalai (IMO No. 9223899).
• The release order grants permission for the vessel to sail out from the Haldia port.
• The clearance came after a re-inspection of the vessel by MMD, Kolkata on August 29, 2023.

Financial Impact

Transworld Shipping Lines reported that the vessel remained off-hire for 15 days, resulting in a loss of revenue. However, the company stated that the amount is not considered significant in terms of its overall financial operations.

Company Response

Namrata Malushte, Company Secretary & Compliance Officer of Transworld Shipping Lines Limited, signed the disclosure, ensuring transparency with investors and regulatory bodies regarding the vessel's status.

This development marks a positive turn for Transworld Shipping Lines, as the SSL Sabarimalai can now resume its operational activities, contributing to the company's shipping services.