Hamilton, Bermuda (16 August 2024). Lantern Capital Partners has, on 6 August 2024, sold their shareholding of 3,664,121 common shares in GoodBulk Ltd. (the "Company") (N-OTC: BULK), representing 13.5% of the issued and outstanding common shares in the Company, to Bretta Navigation Corporation, a company wholly owned by John Michael Radziwill, the Company's President and Director. Consequently, Mr. Radziwill directly and indirectly owns 14,427,216 common shares in the Company, representing 53.3% of the issued and outstanding common shares in the Company. 
Following the sale, Lantern Capital Partners does not hold any shares in the Company. As a consequence, Andy Mitchell has resigned from his position as director in the Company.
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Company contact:
John Michael Radziwill
CEO and Chairman
GoodBulk Ltd. 
Tel.: + 377 97 98 59 87
Email: jmradziwill@goodbulk.com