Key highlights 2023
The strong deep sea transportation demand together with the imbalanced supply demand, characterised by limited capacity growth and operational disruptions, pushed the spot rate to a new high level.
Höegh Autoliners was well positioned to take advantage of the strong spot market, and together with several successful repricing of the contract portfolio, managed to achieve substantial rate and top line increases.
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Feb
2023
Joined Marine CleanTech, a maritime partnership working to develop energy-efficient and sustainable technologies for the maritime sector.
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March
2023
- Purchase of the leased vessel Höegh Berlin.
- Delivery of Höegh Tracer, a vessel previously leased.
- Shareholder A.P. Møller-Maersk A/S reduced its stake from 26.4% to 19.1%.
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April
2023
Signed a 5-year contract with a major Asian OEM for transport of cars from Asia to Europe.
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May
2023
Shareholder Leif Höegh & Co AS reduced its stake from 47.97% to 41.55%.
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June
2023
Purchase of Höegh Trapper.
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July
2023
Declared option to build of four additional Aurora Class vessels (9-12).
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Aug
2023
- Signed a 5-year contract with a major international car producer for transport of cars from the US to the Middle East.
- Signed a 5-year contract with a Japanese construction equipment manufacturer for transport of construction equipment from Asia to Europe.
- Formalised agreement with Kongsberg Digital to digitalise our fleet.
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Sept
2023
- Signed a new contract with a major international car producer for the transport of cars, mainly EV’s, from Asia to Europe and Asia to the US.
- Höegh Autoliners was included in the OBX index on the Oslo Stock Exchange.
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Oct
2023
- Sale of Höegh Bangkok.
- Exercise of option to purchase the leased vessel Höegh Jacksonville.
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Nov
2023
- Shareholder A.P. Møller-Maersk A/S sold its remaining stake in the Company.
- Release of Sustainability Linked Financing Framework.
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Dec
2023
- Secured financing for the last four Aurora Class vessel (9-12) at attractive terms.
- Formalising partnership with Sumitomo Corporation to collaborate on the supply and delivery of clean ammonia.
- Strategic partnership with the leading global provider of ocean transportation solutions, VARO, with focus on supply of 100% advanced biofuel for deep sea transportation from Europe.
- Höegh Autoliners decided to temporarily stop Red Sea transits due to the risk level.
The Aurora class - Vessel of the future
Höegh Autoliners wants to be the preferred green partner in deep sea shipping and is committed to building a more sustainable maritime industry in close cooperation with our partners and customers.
