In September 2022 Höegh Autoliners (the Company) transported 1.31 million cbm of
cargo on prorated basis. Transported cargo the last three months (Jul-Sep) was
4.07 million cbm. 

Average prorated gross freight rate in September 2022 was USD 87.3 per cbm.
(+16.1% compared to average gross rate in Q2 2022). Average prorated gross
freight rate last three months was USD 80.7 per cbm.
 
Average prorated net freight rate in September 2022 was USD 67.6 per cbm. (+9.2%
compared to average gross rate in Q2 2022). Average prorated net freight rate
last three months was USD 62.5 per cbm. 

HH/BB share of prorated volumes carried in September 2022 was 32%. Last three
months the prorated HH/BB share was 32%. 

Andreas Enger, CEO, comments: "The market for transportation of cars and rolling
equipment was characterized by high demand and a general lack of capacity also
in September. Höegh Autoliners had a good balance of contract and liner cargo
and achieved the highest prorated rates so far in 2022. Prorated volumes are
reduced following the sale of two vessels in Q3 and some repositioning of
tonnage in order to optimize the systems and meet customer demand."

Höegh Autoliners will present Q3 numbers and give a more comprehensive market
and trade update Thursday 27 October.   

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 375 people in its 16 offices worldwide and
around 1 250 seafarers.