In August 2023, Höegh Autoliners (the Company, ticker code "HAUTO") transported
1.3 million CBM of cargo on prorated basis. Transported cargo in the last three
months (June-August) was 4.0 million CBM. 

Average prorated gross freight rate in August 2023 was USD 88.7 per cbm. (+1.5%
compared to average gross rate in Q2 2023). Average prorated gross freight rate
in the last three months was USD 87.6 per cbm. 

Average prorated net freight rate in August 2023 was USD 78.2 per cbm. (+4.3%
compared to average net rate in Q2 2023). Average prorated net freight rate last
three months was USD 76.5 per cbm. 

HH/BB share of prorated volumes carried in August was 26%. Last three months the
prorated HH/BB share was 25%. 

Andreas Enger, CEO comments: "August was another good month for Höegh
Autoliners. The general market for our transportation services is strong and we
continue to fill our vessels with a good mix of contract cargo and spot cargo,
both for the car segment and the HH/BB segment.  The net freight rate for the
month increased somewhat from July while the gross rate was unchanged. Somewhat
lower prorated volumes in August caused by trade mix and congestion in certain
ports and the Panama Canal"

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.