Bsl Thira Shipping Limited News

Goldenport Sells Thira

Goldenport Holdings Inc. the international shipping company that owns and operates a fleet of dry bulk and container  vessels, announces today the sale of a container vessel, 'Thira'. The Company has agreed the sale of the 1997 built container vessel to an unaffiliated third party, "BSL Thira Shipping Limited", for a cash consideration of US$6.85 million. The vessel's delivery is due to take place on 21 July 2015. Goldenport expects to realize a book profit of approximately US$2.4 million on the disposal, after accounting for brokerage commission and book value. The net sale proceeds will be applied towards the repayment of debt secured against the vessel and increasing the level of corporate liquidity.