I just uninstalled portupgrade, and installed it from: /usr/ports/ports-mgmt/portupgrade

make install was the command used.

I ran

#pkgdb -F
#portsdb -Uu
magik# portversion | grep "<"
ImageMagick                 <
amavisd-new                 <
apache                      <
arj                         <
autoconf                    <
autoconf                    <
automake                    <
automake                    <
c-ares                      <
cabextract                  <
courier-authlib-base        <
courier-authlib-ldap        <
courier-authlib-mysql       <
courier-authlib-vchkpw      <
curl                        <
cvsup-without-gui           <
db43                        <
dkfilter                    <
dovecot                     <
fontconfig                  <
freetype2                   <
gamin                       <
gd                          <
gdbm                        <
gettext                     <
ghostscript-gnu             <
glib                        <
gmake                       <
gnupg                       <
gsfonts                     <
imake                       <
ispell                      <
jasper                      <
lcms                        <
libdrm                      <
libfpx                      <
libiconv                    <
libidn                      <
libltdl                     <
libtool                     <
libxml2                     <
m4                          <
mambo                       <
mediawiki                   <
mhash                       <
mime-support                <
mimedefang                  <
mpeg2codec                  <
mysql-client                <
mysql-server                <
nmap                        <
openldap-client             <
p5-Archive-Tar              <
p5-Archive-Zip              <
p5-Authen-Captcha           <
p5-BerkeleyDB               <
p5-Compress-Zlib            <
p5-Convert-UUlib            <
p5-Crypt-OpenSSL-Bignum     <
p5-Crypt-OpenSSL-RSA        <
p5-Crypt-OpenSSL-Random     <
p5-DBD-mysql                <
p5-DBI                      <
p5-Email-Address            <
p5-File-Temp                <
p5-GD                       <
p5-GSSAPI                   <
p5-HTML-Parser              <
p5-IO-Multiplex             <
p5-IO-Socket-INET6          <
p5-IO-Socket-SSL            <
p5-IO-Zlib                  <
p5-IP-Country               <
p5-MIME-Tools               <
p5-Mail-DomainKeys          <
p5-Mail-SpamAssassin        <
p5-Mail-Tools               <
p5-Math-BigInt              <
p5-Net                      <
p5-Net-DNS                  <
p5-Net-Netmask              <
p5-Net-Server               <
p5-Parse-Syslog             <
p5-PathTools                <
p5-Scalar-List-Utils        <
p5-Socket6                  <
p5-Storable                 <
p5-Test-Harness             <
p5-Test-Simple              <
p5-Time-HiRes               <
p5-Unix-Syslog              <
pcre                        <
pdflib                      <
pear-HTML_Common            <
pear-HTML_QuickForm         <
pecl-PDO                    <
pecl-fileinfo               <
pecl-pdflib                 <
perl                        <
php5                        <
php5-bcmath                 <
php5-bz2                    <
php5-calendar               <
php5-ctype                  <
php5-curl                   <
php5-dom                    <
php5-exif                   <
php5-extensions             <
php5-filepro                <
php5-ftp                    <
php5-gd                     <
php5-gettext                <
php5-iconv                  <
php5-mbstring               <
php5-mhash                  <
php5-mysql                  <
php5-openssl                <
php5-pcre                   <
php5-posix                  <
php5-readline               <
php5-session                <
php5-simplexml              <
php5-sockets                <
php5-sqlite                 <
php5-tokenizer              <
php5-xml                    <
php5-xmlreader              <
php5-xmlrpc                 <
php5-xmlwriter              <
php5-zlib                   <
pkg-config                  <
png                         <
pop-before-smtp             <
postfix                     <
postfixadmin                <
punbb                       <
qdbm                        <
razor-agents                <
rsync                       <
squirrelmail                <
sysconftool                 <
t1lib                       <
tiff                        <
unrar                       <
unzip                       <
vpopmail                    <
vsftpd-ssl                  <
webalizer-geoip             <
wget                        <
wordpress                   <
xorg-libraries              <

magik# rm -f /usr/ports/INDEX*.db /var/db/pkg/pkgdb.db && pkgdb -fu
--->  Updating the pkgdb
[Rebuilding the pkgdb <format:bdb_btree> in /var/db/pkg ... - 203 packages found (-0 +203) ....................................................................................................100....................................................................................................200... done]
magik# cd /usr/ports
magik# make fetchindex
/usr/ports/INDEX-6.bz2                        100% of 1159 kB 1834 kBps
magik# portupgrade -a
[Gathering depends for graphics/ImageMagick ..................................................................................... done]
[Gathering depends for security/amavisd-new ..................................................................................................................................................................................................................................... done]
[Gathering depends for www/apache20 ....... done]
[Gathering depends for devel/autoconf213 ... done]
[Gathering depends for devel/automake14 ... done]
[Gathering depends for devel/automake19 ... done]
[Gathering depends for security/courier-authlib-base ....... done]
[Gathering depends for net/courier-authlib-ldap ....... done]
[Gathering depends for databases/courier-authlib-mysql ..... done]
[Gathering depends for mail/courier-authlib-vchkpw .......... done]
[Gathering depends for net/cvsup-without-gui .. done]
[Gathering depends for mail/dkfilter ............ done]
[Gathering depends for mail/dovecot .. done]
[Gathering depends for devel/gamin .......... done]
[Gathering depends for graphics/gd ... done]
[Gathering depends for databases/gdbm .. done]
[Gathering depends for print/ghostscript-gnu ...... done]
** Port marked as IGNORE: devel/imake-6:
        "Makefile", line 63: if-less endif
** Proceeding anyway since NO_IGNORE is defined
/usr/local/lib/ruby/site_ruby/1.8/pkgversion.rb:41:in `initialize': : Not in due form: '<version>[_<revision>][,<epoch>]'. (ArgumentError)
        from /usr/local/sbin/portupgrade:638:in `new'
        from /usr/local/sbin/portupgrade:638:in `main'
        from /usr/local/sbin/portupgrade:613:in `each'
        from /usr/local/sbin/portupgrade:613:in `main'
        from /usr/local/sbin/portupgrade:588:in `catch'
        from /usr/local/sbin/portupgrade:588:in `main'
        from /usr/local/lib/ruby/1.8/optparse.rb:1303:in `call'
        from /usr/local/lib/ruby/1.8/optparse.rb:1303:in `parse_in_order'
         ... 7 levels...
        from /usr/local/lib/ruby/1.8/optparse.rb:785:in `initialize'
        from /usr/local/sbin/portupgrade:229:in `new'
        from /usr/local/sbin/portupgrade:229:in `main'
        from /usr/local/sbin/portupgrade:2170
magik#