Delivery of the Two Final New-Build Vessels

Goldenport Holdings Inc.

Athens, 26 July 2011

Delivery of the Two Final New-Build Vessels

Goldenport Holdings Inc. ("Goldenport" or "the Company"), (LSE: GPRT) the international shipping company that owns and operates a fleet of container and dry bulk vessels announces that on 25 July 2011, the Company took delivery of the new-build geared container vessel with 2,500 TEU capacity from Yangzijiang Shipbuilding Co Ltd., in China. The vessel was named 'Erato' and commenced its agreed one year time charter immediately following delivery, at a daily rate of US$15,250. The charterer has the option to extend at the end of the initial time charter for one additional year at a daily rate of US$20,000.

Additionally, on 14 July 2011 it took delivery of the fourth new-build geared bulk carrier vessel with 57,000 DWT capacity from the COSCO (Zhousan) Shipyard Co Ltd., in China. The vessel was named 'Sofia' and commenced its initial short-term time charter.

Following the delivery of 'Erato' and 'Sofia', Goldenport completed the initial new building program that was initiated in 2007. The Company will be able to utilise forward an expanded fleet of 26 vessels with younger age profile compared to the time of the IPO in April 2006.

The pre-agreed time-charter employment for 'Erato' and the short term time charter arranged for 'Sofia' enables the Company to immediately benefit from accretive revenue and cash flow generation.

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Goldenport Holdings Inc.:

Christos Varsos, Chief Financial Officer +30 210 8910500

John Dragnis, Commercial Director +30 210 8910500

Investor Relations Coordinators:

Capital Link:

Annie Evangeli - London +44 203 206 1320

Nicolas Bornozis - New York +1 212 661 7566

E-mail: [email protected]

[email protected]

Further Information:

Overview of Goldenport

Goldenport is an international shipping company that owns and operates a fleet of twenty-six container and dry bulk vessels that transport cargo worldwide. The fleet consists of twelve container vessels and fourteen dry bulk carriers. Goldenport is listed on the London Stock Exchange under the ticker GPRT.

Website: www.goldenportholdings.com or www.goldenport.biz