Goldenport Holdings Inc. : Sale of a Container Vessel

Goldenport Holdings Inc.

Athens, 15 May 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 1992-built container vessel 'MSC Scotland', to an unaffiliated third party "Joplin Overseas Investments Ltd" of Road Town Tortola, British Virgin Islands, for a cash consideration of US$ 6.5 million. The vessel was delivered to the new owners on 14 May 2013.

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.

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For further information, please contact

Goldenport Holdings Inc.:

John Dragnis, Chief Executive Officer                                                       +30 210 8910500

Konstantinos Kampanaros, Interim Chief Financial Officer                          +30 210 8910500

Investor Relations Coordinators:

Capital Link:

Ioanna Messini - London                                                                           +44 203 206 1322

Nicolas Bornozis - New York                                                                    +1 212 661 7566

E-mail:                                                                                                      goldenport@capitallink.com

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.