19th Nov 2013 13:44
LONDON (Alliance News) - Goldenport Holdings Inc. Tuesday said its fixed contract utilisation rate increased and it completed two key sales in its third quarter.
The container and bulk carrying vessels provider said the percentage of days its fleet was under fixed contracts as of November 19 increased to 93% from 78% on August 30.
Goldenport's fleet achieved average utilisation of 96% compared to 89% in the third quarter of last year.
The company said that during the third quarter it concluded the sale of the 1990-built bulk carrier 'Vasos', to an unaffiliated third party for a cash consideration of USD 7.3 million.
In addition the company concluded the sale of the 1985-built container vessel 'MSC Accra', to an unaffiliated third party for a cash consideration of USD3.6 million.
Goldenport Holdings shares were up 4.0% to 41.35 pence Tuesday.
By Tom McIvor; [email protected];
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