Sale of a Dry Bulk Vessel and Trading Update

Athens, 6 November 2015

Goldenport Holdings Inc. ("Goldenport" or "the Company"), (LSE: GPRT) the international shipping company that owns and operates a fleet of dry bulk and container vessels, announces today the sale of a dry bulk vessel and the update on the trading of its fleet as of 5 November 2015.

Sale of a Dry Bulk Vessel
The Company completed the sale of the 2009-built dry bulk vessel 'Alpine Trader' to an unaffiliated third party, "Zenith Shipping LP" of Majuro, Marshall Islands for a gross cash consideration of US$9.345 million. The vessel's delivery to the new owners took place on 5 November 2015. The net sale proceeds will be applied towards the repayment of debt secured against the vessel.

Trading Update



Goldenport Holdings Inc. press release