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Goldenport Holdings Inc. announces Sale of a Container Vessel

Goldenport Holdings Inc., 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.
Source: Goldenport Holdings Inc.
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