Transworld Expands Fleet With d’Amico Handy Purchase

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  • Transworld Group has bought 36,699 dwt bulk carrier from Italy’s d’Amico Dry for $15.9m.
  • The ship – its third bulker purchase this year – takes the Transworld fleet to 26 ships.

Transworld Group has bought 36,699 dwt bulk carrier Cielo Di Capalbio from Italy’s d’Amico Dry for $15.9m and renamed it TBC Praise, reports Splash247.

Transworld Joint Managing Director’s Info

Ritesh Ramakrishnan, Transworld’s joint managing director, said the company is keeping a close eye on the S&P markets and looks forward to welcoming more additions soon.

About Transworld

Transworld is best known for its feeder boxship business, but has significantly diversified its revenue streams in recent years.