In December 2024, Höegh Autoliners (the Company, ticker code "HAUTO")
transported 1.2 million cbm of cargo on prorated basis. Transported cargo in the
last three months (October - December) was 3.5 million cbm.
Average prorated gross freight rate in December 2024 was USD 96.8 per cbm (-4.6%
compared to average gross rate in Q3 2024). Average prorated gross freight rate
in the last three months was USD 100.4 per cbm.
Average prorated net freight rate in December 2024 was USD 84.1 per cbm (-3.0%
compared to average net rate in Q3 2024). Average prorated net freight rate last
three months was USD 86.7 per cbm.
HH/BB share of prorated volumes carried in December was 25%. Last three months
the prorated HH/BB share was 24%.
Andreas Enger, CEO Höegh Autoliners, comments: "December activity level was
high. We benefited from having two of the newbuilds, Höegh Aurora and Höegh
Borealis, in operation. Höegh Australis and Höegh Sunlight were delivered from
the Shipbuilding yard late in December and will both contribute to increased
capacity from January 2025. December freight rates were somewhat lower than
recent months following from trade and cargo mix. The share of contract cargo
was close to 80%. Volumes in line with November and HH/BB share in line with
recent months".
For further information, please contact:
Andreas Enger, CEO
andreas.enger@hoegh.com
+47 901 31 228
Espen Stubberud, CFO
espen.stubberud@hoegh.com
+47 400 39 753
Investor Relations
ir@hoegh.com
Media contact:
Camilla Knappskog, Head of Communications
camilla.knappskog@hoegh.com
+47 926 66 156
About Höegh Autoliners:
Höegh Autoliners is a leading global provider of RoRo (Roll On Roll Off)
transportation services delivering cars, high and heavy and breakbulk cargoes
across the world. The Company operates around 40 RoRo vessels in global trade
systems and makes more than 2 000 port calls each year. Our purpose is to
develop innovative solutions for greener and more sustainable deep sea
transportation. We are on a path to a zero emissions future and are working
closely with customers and partners to achieve this. Höegh Autoliners has its
head office in Oslo, Norway and employs around 460 people in its 16 offices
worldwide and around 1 200 seafarers.