In November 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 (September - November) was 3.4 million cbm.  

Average prorated gross freight rate in November 2024 was USD 102.7 per cbm
(+1.2% compared to average gross rate in Q3 2024). Average prorated gross
freight rate in the last three months was USD 101.7 per cbm.  

Average prorated net freight rate in November 2024 was USD 87.5 per cbm (+1.0%
compared to average net rate in Q3 2024). Average prorated net freight rate last
three months was USD 86.7 per cbm.  

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

Andreas Enger, CEO Höegh Autoliners, comments: "The activity level in November
was high both for contracted cargo and spot cargo. We continue to optimize
capacity in the various trade lanes and give priority to our strategic long-term
customers. The gross freight rate was above USD 100 per cbm for the 5th
consecutive month and was the second highest on record. Volumes transported
increased somewhat as we now get the effect of having two of the newbuilds in
operation. The High/Heavy and Break Bulk share in November was 23%".

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.