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Goldenport expects to realize a book loss of US$3.9 million on the sale, after accounting for brokerage commission and book value. Goldenport continues to take advantage of the current strong scrap prices and has sold one of its oldest vessels in order to reduce the average age of its fleet and enhance operating and cash flow generating efficiency. The sale proceeds will be applied towards the repayment of US$4.55 million of debt secured against the vessel and increasing the level of corporate liquidity.
2,420 teu, 1994-built container vessel 'MSC Anafi' 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. Goldenport Holdings Inc. press release |