Oslo, 30 October 2023: Höegh Autoliners ASA ("Höegh Autoliners" or the
"Company", ticker code HAUTO), through its subsidiary Höegh Autoliners Shipping
AS, has reached an agreement for the sale of the owned vessel Höegh Bangkok (IMO
9318474) for a price of USD 63,000,000.  Höegh Bangkok was constructed by Höegh
at the Uljanik shipyard in 2007 and has a capacity of 6500 CEU. She is sailing
under the NIS flag and is unencumbered. The vessel will be delivered to the new
owner by year-end 2023.

The Company, through its subsidiary Höegh Autoliners Shipping AS, has also
declared an option to purchase the vessel Höegh Jacksonville (IMO 9673379) from
Ocean Yield for a purchase price of USD 43,220,000. The average market value of
the vessel is USD 84 million (per 30 September). Höegh Jacksonville was built in
2014 with a capacity of 6,500 CEU. The transaction will be completed by April
2024, and the Company intends to finance the purchase price fully by mortgage
debt through its fleet credit facility. 

«The transactions represent good opportunities for us to optimize our asset
portfolio in preparation for the first Aurora deliveries.  We will retain our
focus on serving core contract customers while seeking opportunities to optimize
our long-term fleet composition and capital structure», says CEO Andreas Enger

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.