Höegh Autoliners ASA - Sale of Höegh Masan
Oslo, 22 November 2021: Today, Höegh Autoliners ASA (the “Company”) accepted an offer for the sale of Höegh Masan (IMO 9166704) for a purchase price of USD 12,530,000 (incl. dry dock spares and equipment for a total value of approximately USD 400,000). Höegh Masan was built in 1998, has a cargo capacity of 4,300 CEU and a book value of USD 4,100,000. The vessel is expected to be delivered to its new owners in Q1 2022.
Oslo, 22 November 2021: Today, Höegh Autoliners ASA (the “Company”) accepted an offer for the sale of Höegh Masan (IMO 9166704) for a purchase price of USD 12,530,000 (incl. dry dock spares and equipment for a total value of approximately USD 400,000). Höegh Masan was built in 1998, has a cargo capacity of 4,300 CEU and a book value of USD 4,100,000. The vessel is expected to be delivered to its new owners in Q1 2022.
For further information, please contact:
Andreas Enger, CEO
andreas.enger@hoegh.com
+47 901 31 228
Per Øivind Rosmo, CFO
per.oivind.rosmo@hoegh.com
+47 400 39 938
Media contact:
Safia Reddy, Head of Communications
safia.reddy@hoegh.com
+47 400 39 857
Important Notice:
This statement contains certain forward-looking statements concerning future events. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the
24 November 2021
Höegh awarded "Shipping Line of the year - Multipurpose Vessel Operator" in India
On 18 November, the 11th Maritime and Logistics Awards (MALA) was held in Mumbai, India. The prestigious event has carved a niche for itself as the definitive recognition of excellence in the Indian Maritime the Logistics sector.
Latest news
18 March 2025
Second leg of Kjetil Borch's journey into shipping
With the sun climbing much higher above Höegh Target than just a few days ago, the shadows cast by Kjetil Borch on the top deck are barely visible.
13 March 2025
Bunker Adjustment Factor (BAF) will be updated and effective April 2025
Höegh Autoliners is introducing an updated Bunker Adjustment Factor (BAF) effective April 2025. This enhanced BAF ensures greater adaptability to future fuel requirements while maintaining transparency and predictability.
03 March 2025
From Olympic medals and world championships to intern at Höegh Autoliners – and the journey of a lifetime from Scandinavia to South Africa
In the summer of 2024, after the Paris Olympic Games, the sculling pioneer Kjetil Borch retired after a lifetime on the biggest international stage – with an impressive result list and medal tally to his name. Now an intern at Höegh Autoliners through Neste Steg (Next Step), an organization preparing former elite athletes and military personnel for what’s next after their active careers, he is exploring the wonders of another ocean trait very different from the world he’s learned to master after 21 years of rowing: The shipping sector.