Year 2024
Key highlights
Decarbonization remained high on our agenda. We made significant progress on our newbuilding program, reaching construction
milestones well ahead of the original timeline. Four Aurora Class vessels, Höegh Aurora, Höegh Borealis, Höegh Australis and Höegh Sunlight were delivered in 2024.
In line with our commitment to building resilience and strategically positioning for the future, we also undertook several initiatives to optimize our fleet and sold three of our older vessels.
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January
Signed long-term contract with major East Asian car producer for the transport of cars, mainly electronic vehicles (EVs), from Asia to Europe.
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February
Sale of Höegh Chiba. Declared option to purchase the leased vessel Höegh Jeddah.
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April
Sale of Höegh Kobe. Secured new long-term financing.
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June
Secured significant Enova funding for four ammonia-powered Aurora vessels. Signed a 5-year contract with a major international car producer for transport of cars from US and Mexico to the Middle East.
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August
Delivery of the first newbuild, Höegh Aurora.
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September
Sale of Höegh New York.
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October
Delivery of the second newbuild, Höegh Borealis.
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November
Signed a 2-year contract with a major international car producer for transport of cars in various trade lanes.
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December
Signed a 5-year contract with major international car producer for transport of significant volumes of cars in two core trade lanes. Delivery of the third and fourth newbuilds, Höegh Australis and Höegh Sunlight.
