HAUTO: Höegh Autoliners?extends contract with major Asian car producer?into 2029
2026-07-10 07:00:00
Oslo 10 July 2026: Höegh Autoliners ASA ("Höegh Autoliners" or the "Company",
ticker code "HAUTO")
has agreed an extension of an existing contract with a major Asian car producer
for the transportation of cars in a key trade lane. The extended contract runs
until December 2029 and reflects increased committed volumes and updated
commercial terms in line with observed market rates. The new terms have been
applicable since May 1, 2026 and represent USD 300m added revenue basis
forecasted volume during the extension period.
Andreas Enger, CEO of Höegh Autoliners, commented:
"The extension of this contract highlights Höegh Autoliners' continued effort in
building contract backlog and support strategically important customers. The
agreement establishes a strong long-term commitment from the customer, and we
are pleased to further develop the partnership in the years to come. The
agreement also includes the addition of Xiaomo port in southern China, further
strengthening Höegh Autoliners' service offering out of Asia".
This announcement is a part of our effort to increase transparency through a
practice of disclosing new contracts exceeding a total value of USD 100 million.
For further information, please contact:
Investor Relations:
ir@hoegh.com
+47 486 48 086
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.
460 people in its 16 offices\
worldwide and around 1 200 seafarers. \