Profitable Sale of a Container Vessel

Goldenport Holdings Inc.

Athens, 3 January 2012

Profitable Sale of a Container Vessel

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 sub-panamax container vessel 'Grand Vision', to the unaffiliated third party "Gunehr Shipping Limited" of Charlestown, Nevis, for a cash consideration of US$ 6.2 million. The vessel was delivered to the new owners on 30 December 2011.

Goldenport expects to realize a book profit of US$ 0.4 million, after accounting for brokerage commission, book value and the unamortized balance of dry-docking.

The vessel was initially acquired in 2010 and following successful trade with one of our major customers was profitably sold, despite challenging market conditions. This was a cash accretive disposal, strengthening further the Company's balance sheet.

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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:

Eleni Theodoropoulou - London +44 203 206 1322

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 container and dry bulk vessels that transport cargo worldwide. Goldenport is listed on the London Stock Exchange under the ticker GPRT.

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