In July 2023, Höegh Autoliners (the Company, ticker code "HAUTO") transported
1.4 million CBM of cargo on prorated basis. Transported cargo in the last three
months (May-July) was 4.1 million CBM. 

Average prorated gross freight rate in July 2023 was USD 88.7 per cbm. (+1.5%
compared to average gross rate in Q2 2023). Average prorated gross freight rate
the last three months was USD 87.5 per cbm. 

Average prorated net freight rate in July 2023 was USD 77.7 per cbm. (+3.6%
compared to average net rate in Q2 2023). Average prorated net freight rate last
three months was USD 75.9 per cbm. 

HH/BB share of prorated volumes carried in July was 24%. Last three months the
prorated HH/BB share was 25%. 

Andreas Enger, CEO comments: "The positive trend from 1st half continued in
July. We continue to see high demand from customers both in Asia and Europe/US
and can fill all our sailings with a good mix of contract cargo and spot cargo
at healthy rates. The net rate for July is the second highest recorded so far in
2023. Volumes are stable at a high level maximizing the use of the available
capacity. The High & Heavy and Break-Bulk share of the cargo is stable and
contribute to the good cargo mix."

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.