GR
Gaurav Rajan• 2h ago
Transworld Shipping has transferred ownership of the M.V. SSL Krishna to Avana Logistek. The vessel was officially delivered on April 8, 2026, in Chennai.
Transworld Shipping has transferred ownership of the M.V. SSL Krishna to Avana Logistek. The vessel was officially delivered on April 8, 2026, in Chennai.
Transworld Shipping Lines Ltd (TSLL) has experienced a credit rating downgrade from Crisil due to outstanding debts amounting to ₹476 Crore. As a response, the company sold its vessel SSL Krishna for ₹110 Crore, but is encountering operational difficulties in the Middle East, which in turn affects its operations on the SSL Kaveri.