Press Release

Ref No: TSLL/33/2026-27 Date:07th August 2026 Department of Corporate Services Listing Compliance BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051. BSE Scrip Code: 520151 NSE Symbol: TRANSWORLD Dear Sir/ Madam, Sub: Press Release Please find enclosed herewith Press Release dated 07th August 2026. The Press release is self-explanatory. The Press Release is also being made available on the Company’s website at https://www.transworld.com/transworld-shipping-lines/ . Kindly take the same on record and acknowledge receipt. Yours faithfully, For TRANSWORLD SHIPPING LINES LIMITED (formerly known as Shreyas Shipping and Logistics Limited) NAMRATA MALUSHTE COMPANY SECRETARY & COMPLIANCE OFFICER Encl: A/a. Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) Regd. Office: D-301-305, Level 3, Tower II, Seawoods Grand Central, Plot No. R1, Sector - 40, Nerul Node, Navi Mumbai - 400706. Tel.: +91 22 6811 0300 | CIN NO.: L63000MH1988PLCO48500 | E: investor.tsll@transworld.com | transworld.com/tsll Press Release Transworld Shipping Lines Limited (Formerly known as Shreyas Shipping and Logistics Limited) announces unaudited Financial Results for the quarter ended 30th June 2026 Mumbai, 7th August 2026: Transworld Shipping Lines Limited (Formerly known as Shreyas Shipping and Logistics Limited) (referred as ‘the Company’), (BSE Scrip Code: 520151; NSE Scrip Code: TRANSWORLD) announced its results (Standalone and Consolidated) for the quarter ended on 30th June 2026 on 7th August 2026. Industry Overview: The shipping industry demonstrated an upward yet deeply fragmented performance in the quarter ended June 2026 (Q1 FY26–27). Market operations were shaped by an intense geopolitical intersection connecting West Asia, Southeast Asia, and the Far East. The effective closure of the Strait of Hormuz by Iran and ongoing regional conflict points triggered a structural cascade across the entire Indo-Pacific trade network. Instead of localized disruptions, the industry witnessed a massive re-engineering of trade routes: With West Asian energy corridors restricted, oil tanker vessel deployment patterns shifted rapidly toward East and Southeast Asian waters. The Strait of Malacca saw daily traffic swell beyond its normal limits, handling intense concentrations of the world's seaborne oil (~23 million barrels/day) and East-West container tonnage. Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) Regd. Office: D-301-305, Level 3, Tower II, Seawoods Grand Central, Plot No. R1, Sector - 40, Nerul Node, Navi Mumbai - 400706. Tel.: +91 22 6811 0300 | CIN NO.: L63000MH1988PLCO48500 | E: investor.tsll@transworld.com | transworld.com/tsll While global container markets experienced a softer tone through much of FY26–27, Q1 closed with an aggressive, event-driven rate rebound. The Shanghai Containerized Freight Index (SCFI) staged a dramatic late-quarter surge, breaking away from its previous year-on-year decline. Driven by sudden capacity freezes and Middle Eastern transit risks, spot rates from the Far East spiked sharply. Driven by early front-loading from major shippers anxious over peak-season congestion, rates from Shanghai to the US West Coast jumped past $3,300 per 40ft container in late shipping cycles—marking a rise of more than 35% above pre-conflict baselines. To capitalize on these high-yielding Far East-to-Americas routes, major ocean carriers aggressively repositioned empty container equipment toward China, South Korea, and Vietnam. This asymmetric capacity pull left secondary intra-Asia lanes starved for 40HQ slots, causing short-sea freight spikes across the Singapore-to-India and intra-ASEAN corridors. On the dry bulk sector, the Baltic Handysize Index (BHSI) maintained a firm, upward trajectory. Cargo volumes for vital commodities across the Far East and South Asia remained resilient. Robust regional movements of fertilizers, coal, food grains, and minor bulks kept vessel utilization near capacity, yielding strong freight realizations for Handysize and Supramax owners operating east of Suez. Amid these massive tectonic shifts in international waters, the Indian maritime sector positioned itself as a highly resilient, high-growth hub. Major domestic players capitalized heavily on the fragmented market. Indian coastal container trade demonstrated strong insulation from international trunk-line downturns. Key domestic operators maintained near-perfect vessel utilization rates (~99%) and a 10% year-on-year Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) Regd. Office: D-301-305, Level 3, Tower II, Seawoods Grand Central, Plot No. R1, Sector - 40, Nerul Node, Navi Mumbai - 400706. Tel.: +91 22 6811 0300 | CIN NO.: L63000MH1988PLCO48500 | E: investor.tsll@transworld.com | transworld.com/tsll expansion in coastal freight rates. This was supported by firm domestic industrial manufacturing output and growing subregional trade velocity across the India-Bangladesh coastal and riverine corridors. Business Performance: The Company’s current fleet stands at 7 vessels comprising of 5 container feeder vessels and 2 dry handy size bulk vessels. All the container vessels continued to be deployed on charter with M/s. Avana Logistek Limited. It is pertinent to note that consequent to the transaction undertaken with M/s. Avana Logistek Limited (part of Unifeeder ISC FZCO) for container vessels and deployment of bulk carriers in the global markets, charter hire income is the primary source of revenue for the Company. During the quarter ended June 30, 2026, the Company has entered into a memorandum of agreement (“MOA”) to sell five of its vessels named M.V. SSL Godavari, M. V. SSL Gujarat, M. V. SSL Bharat, M. V. SSL Mumbai and M. V. SSL Thamirabarani. Additionally, the Company has entered into 2 separate Memorandum of Agreements for sale of its 2 container ships namely M. V. SSL Visakhapatnam, and M. V. SSL Sabarimalai. This initiative forms part of the Company’s broader strategy to optimise its fleet composition and enhance operational efficiency. In parallel, the Company is actively evaluating opportunities to acquire modern vessels, including containers and/or dry bulk ships, aligned with evolving market dynamics and customer requirements. The Company has also approved an investment for Joint Venture with Bainbridge Navigation DMCC for establishing a shipping pool company focused on the Handysize vessel segment, Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) Regd. Office: D-301-305, Level 3, Tower II, Seawoods Grand Central, Plot No. R1, Sector - 40, Nerul Node, Navi Mumbai - 400706. Tel.: +91 22 6811 0300 | CIN NO.: L63000MH1988PLCO48500 | E: investor.tsll@transworld.com | transworld.com/tsll with the objective of consolidating operations and enhancing efficiency in the dry bulk shipping market. The Company is actively exploring the options of placing order for new Container vessels and therefore has entered into a Memorandum of Understanding with Swan Defence and Heavy Industries Limited for exploring the feasibility of acquiring of 2+2(optional) new building of Container vessels. The Company believes that a balanced strategy of divestment and acquisition will position it advantageously to capitalize on emerging opportunities in the global shipping sector. However, the current market presents a limited availability of suitable vessel acquisition opportunities, and those that are available are priced at levels that render such investments commercially unviable. Consequently, the Company’s efforts to pursue acquisitions under prevailing market conditions have not yielded the desired outcomes thus far. Having said that, the Company remains of the considered view that this strat [Showing first 8,000 characters — download PDF for full document]