Höegh Autoliners ASA - Sale of Höegh Masan

Höegh Masan
DATE 22.11.2021

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

Höegh awarded "Shipping Line of the year - Multipurpose Vessel Operator"

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. 

Read next

Latest news

hoegh vessel

19 June 2024

Höegh Autoliners secures significant Enova funding for four ammonia-powered Aurora vessels

Today, Höegh Autoliners was granted NOK 109,4million in increased Enova funding as part of its “Ammonia fuelled vessel programme” to ensure that four of Höegh Autoliners’ Aurora Class vessels can run fully on ammonia when they are delivered in 2027. The company will in total receive NOK 255,4 million in Enova funding.

Read more
roro shipping

18 April 2024

Increasing focus on sustainability in RoRo shipping

With an increasing focus on sustainability, the leading RoRo shipping companies are introducing more environmentally friendly methods to meet customer demands while preserving the oceans and maritime life. This article will explore some of the most prominent initiatives in RoRo shipping today.

Read more
roro car shipping

18 April 2024

The ABCs of RoRo Shipping: A Comprehensive Guide for Car Owners

Roll-on/Roll-off or RoRo shipping is one of the most popular choices for car owners looking to transport their vehicles across long distances or overseas. As the name suggests, this ocean shipping method allows cars to be driven directly onto a specialized RoRo vessel and driven off at the destination port, making this process highly efficient. If you are planning to ship your car internationally, this guide will explain how RoRo works and what you should know.

Read more