London-listed Goldenport Holdings plans to sell its entire fleet back to the controlling Dragnis family and dissolve itself, on condition that its lenders back the move and agree to allow the debt to also change hands.
Goldenport shareholders were convened for an extraordinary meeting on 31 March in Athens to authorise the sale of six bulkers and two containerships.
A two-thirds majority is required for approval because the move dispose all of the company’s assets.
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