Transworld Shipping Lines
172.65
-7.08(-3.94%)
Market Cap₹379.10 Cr
PE Ratio-62.07
Company Performance:
1D-3.94%
1M-10.33%
6M-35.30%
1Y-47.98%
5Y+129.44%
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More news about Transworld Shipping Lines
11Nov 25
Transworld Shipping Lines Reports Q2 FY26 Loss Amid Revenue Decline and Rising Operational Costs
Transworld Shipping Lines Limited announced its Q2 FY26 financial results, showing a substantial decline in performance. Revenue decreased by 21.6% to ₹98.00 crores, while EBITDA fell by 64% to ₹18.00 crores. The company reported a loss with Profit After Tax at -₹9.00 crores, down 142.9% year-over-year. Key factors affecting performance include an aging fleet, increased vessel downtime, and market volatility in the global shipping industry. The company operates 12 vessels and is exploring options to replace aging ships amid challenging market conditions.
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16Sept 25
Transworld Shipping Lines' Vessel SSL Brahmaputra Cleared to Sail After Court Order
The Gujarat High Court issued an oral release order for Transworld Shipping Lines' vessel, SSL Brahmaputra, allowing it to depart from Mundra Port. The ship was detained following a fire incident on January 1, 2024. Transworld must submit a bank guarantee or cash security of INR 1.71 crore by October 13, 2025. The company states it doesn't expect financial liability from cargo claims as the vessel is adequately insured. Multiple legal cases related to the incident are still pending.
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13Sept 25
Gujarat High Court Orders Arrest of Transworld Shipping's Vessel Over Cargo Damage Claim
The Gujarat High Court has issued an arrest order for the SSL Brahmaputra, owned by Transworld Shipping Lines, following a plea by Fair Exports (India) Private Limited. The claim stems from a fire incident on January 1, 2024, resulting in cargo damage. Fair Exports seeks INR 1.71 crore in damages. This is the seventh case against Transworld related to the fire. The vessel is insured with the International Group of Protection and Indemnity Club, and Transworld expects no direct financial liability.
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02Sept 25
Transworld Shipping Lines' Vessel SSL Sabarimalai Resumes Operations After Regulatory Clearance
Transworld Shipping Lines Limited announced that its vessel SSL Sabarimalai has resumed operations after a 15-day off-hire period. The vessel received clearance from the Mercantile Marine Department (MMD) in Kolkata on August 29, 2023, allowing it to sail out from Haldia port. The company reported a loss of revenue due to the off-hire period but stated it was not significant to overall financial operations.
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23Aug 25
Transworld Shipping Lines Shareholders Approve All Resolutions at 37th AGM, Including 15% Dividend
Transworld Shipping Lines Limited held its 37th AGM, approving all resolutions including a 15% dividend. The company reported significant financial improvements with revenue increasing to Rs. 44,627.00 lakhs and a profit of Rs. 4,903.00 lakhs. Key developments include a name change, new charter agreements, and expansion into coastal dry bulk operations. The company plans to acquire two logistics firms and partner with Bainbridge Navigation DMCC. The global container shipping market is projected to grow, with India being the fastest-growing market in Asia-Pacific.
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12Aug 25
Transworld Shipping Lines Expands UAE Presence with Bainbridge Joint Venture
Transworld Shipping Lines has formed a joint venture with Bainbridge Navigation DMCC in the UAE. The company will hold a 60% stake in the new entity, investing up to INR 75.00 lakhs. The venture aims to establish a shipping pool company for the Handysize vessel segment, focusing on consolidating operations and enhancing efficiency in the dry bulk shipping market. The partnership includes an eight-year business plan and governance provisions such as equal board representation and a one-year lock-in period for shareholding transfers.
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27May 25
Transworld Shipping Lines Announces ₹1.5 Per Share Dividend
Transworld Shipping Lines, also known as Shreyas Shipping and Logistics, has announced a dividend of ₹1.5 per equity share. The company's board has recommended this dividend, signaling a return of value to its shareholders. The ex-dividend date and payment date have not been specified in the announcement.
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Transworld Shipping Lines
172.65
-7.08
(-3.94%)
1 Year Returns:-47.98%
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