Goldenport Holdings Inc. announces Sale of a Container Vessel

Time:2013-09-24 Browse:51 Author:RISINGSUN
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.