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Goldenport expects to realize a book loss of US$ 1.8 million, net of commissions. The vessel was initially acquired in 2006 for a total consideration of US$14.4 million and has traded successfully with the Company for the last seven years, resulting in a cumulative adjusted Ebitda (excluding non-cash items) of US$21.8 million during that period. Goldenport will utilize the proceeds to increase liquidity. The Company continues to review the market for accretive vessel acquisitions. 
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. Goldenport Holdings Inc. press release |
