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Sale of a Container Vessel

23rd Sep 2013 08:05

RNS Number : 6119O
Goldenport Holdings Inc
23 September 2013
 

Goldenport Holdings Inc.

Athens, 23 September 2013

 

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 1985-built container vessel 'MSC Accra', to an unaffiliated third party "Liberty Resources Inc." of Nassau, Bahamas, for a cash consideration of US$3.6 million. The vessel was delivered to the new owners on 20 September 2013.

 

Goldenport expects to realize a book profit of US$2 million, net of commissions.

 

The vessel was initially acquired in 2007 for a total consideration of US$12 million and has traded successfully with the Company for the last six years.

 

The vessel was debt-free and the net sale proceeds will increase the level of corporate liquidity available for accretive vessel acquisitions.

 

 

 

 

 - ENDS -

 

 

 

 

 

For further information, please contact

 

Goldenport Holdings Inc.:

 

John Dragnis, Chief Executive Officer +30 210 8910 500

Alexis Stephanou, Chief Investment Officer and Head of Investor Relations +30 210 8910 542

 

Investor Relations Coordinators:

 

Capital Link:

Ioanna Messini - London +44 203 206 1322

Nicolas Bornozis - New York +1 212 661 7566

 

E-mail: [email protected]

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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