Shipping company Goldenport Holdings Inc. (GPRT.L) said Friday that prospects for the remainder of 2012 continues to be challenging.
It also noted that the first quarter 2012 was one of the most difficult periods for the company.
According to Goldenport, its outlook for the remaining 2012 is affected by uncertainty over the development of the fundamentals in the dry bulk and container sectors as well as overall direction of the global economy.
During the first quarter 2012, the company traded well across both segments of its business, given the exceptionally challenging dry bulk sector, Goldenport stated.
As of today, Goldenport's operational fleet consists of 25 vessels, including 12 containers and 13 dry-bulk carriers.
For the combined operational fleet of containers and dry bulk carriers, the company said it has secured forward coverage with 62 percent of the fleet available days for 2012 fixed under time charter employment, assuming earliest charter expiration.
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