Profitable Sale of a Bulk Carrier

Goldenport Holdings Inc.

Athens, 6 July 2012

Profitable Sale of a Bulk Carrier

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 it has concluded the sale of the 1990-built bulk carrier 'Lindos', to the unaffiliated third party "Rossmere International Limited" of Tortola, British Virgin Islands, for a cash consideration of US$ 5.4 million. The vessel was delivered to the new owners on 5 July 2012.

Goldenport expects to realize a profit of US$ 1.5 million, after accounting for brokerage commission, book value and the unamortized balance of dry-docking.

The vessel was initially acquired in 2003 for a total consideration of US$8.5 million and has traded successfully with the Company for the last nine years and upon its sale it materializes a strong profit, evidencing that well timed acquisitions can realize strong profitability even in challenging market conditions.

The Company continues its fleet renewal program, taking advantage of the relatively strong current scrap prices and closely monitoring the extensive deal flow both in the new building and in the second hand market to identify potential investment opportunities.

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For further information, please contact

Goldenport Holdings Inc.:

John Dragnis, Chief Executive Officer +30 210 8910500

Konstantinos Kampanaros, Interim Chief Financial Officer +30 210 8910500

Investor Relations Coordinators:

Capital Link:

Eleni Theodoropoulou - 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 (following the sale mentioned above) a fleet of twenty-three container and dry bulk vessels that transport cargo worldwide. The fleet consists of eleven container vessels and twelve dry bulk carriers. Goldenport is listed on the London Stock Exchange under the ticker GPRT.

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