Copyright © Inderes 2011 - present. All rights reserved.
Log in to receive notifications.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Höegh Autoliners ASA (HAUTO) - July 2024 Trading Update

09.08.2024, 07.30
Höegh Autoliners
In July 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 (May - July) was 3.6 million cbm.

Average prorated gross freight rate in July 2024 was USD 100.3 per cbm (+4.1%
compared to average gross rate in Q2 2024). Average prorated gross freight rate
in the last three months was USD 97.5 per cbm.

Average prorated net freight rate in July 2024 was USD 87.2 per cbm (+4.8%
compared to average net rate in Q2 2024). Average prorated net freight rate last
three months was USD 84.5 per cbm.

HH/BB share of prorated volumes carried in July was 23%. Last three months the
prorated HH/BB share was 24%.

Andreas Enger, CEO of Höegh Autoliners, comments: "Third quarter started well
for Höegh Autoliners and in July we achieved a new record level for both gross
and net rates. Volumes were somewhat higher in July than in June but in line
with the current run rate. The general market remains strong with some
fluctuations in monthly rates and volumes depending on trade and cargo mix as
well as vessel positions. High/Heavy and Break-Bulk volumes in July was reduced
from June but was in line with the last few months' trend."


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

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 about 3 000 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 390 people in its 16 offices worldwide and
around 1 170 seafarers.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team

Privacy preferences

Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.