Höegh Autoliners
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| Public | |
| Traded as | : HMLP (Höegh LNG) |
| Industry | Shipping |
| Founded | 1927 |
| Headquarters | Norway |
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Area served
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Worldwide |
| Website | www.hoegh.com |
Leif Höegh & Co is an international shipping company, founded in 1927 by Norwegian Leif Høegh (1896-1974). Since 2006 the company has been structured as two separate entities, Höegh Autoliners and Höegh LNG, with Leif Höegh & Co acting as a common holding company.
Höegh LNG is active in the liquefied natural gas industry including LNG carriers. As of January 2015, it is 44.6 owned by Leif Höegh. The largest investors are Allianz, Fairview Capital and Nordea. The Baupost Group announced that it controlled 5.26% of shares for its clients.
Höegh Autoliners operates pure car/truck carrier (PCTC) vessels.
In 1970 a joint venture in between Höegh and Ugland Auto Liners (HUAL) was formed to develop a new leading RORO operator. Then in March 2000 Leif Höegh & Co acquired the remaining 50% of HUAL, renaming the company Höegh Autoliners, as known today.
In 2008 A.P. Moller became a minority shareholder in Höegh Autoliners, holding 37,5 per cent of shares.
As part of its relationship with Maersk, Höegh Autoliners took over twelve Maersk ships in 2008 (plus the contract of six to be built).
Since January 2014, its Europe/USA routes have included Valencia to Baltimore, Jacksonville, New York and Galveston.
The Company also has a 50% stake in Euro Marine Logistics that connects Zeebrügge, Esbjerg (Denmark), Gothenburg (Sweden), Drammen (Oslofjord, Norway) and Port of Tyne (UK), providing dedicated short sea connections.
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Wikipedia