Höegh Autoliners ASA has signed a new contract with a major East Asian car producer for the transport of cars, mainly electronic vehicles (EVs), from Asia to Europe, says an article published on their website.
Summary
- Höegh Autoliners ASA has secured a new long-term contract with a major East Asian car producer for the transportation of cars, particularly electronic vehicles (EVs), from Asia to Europe. The contract is valid until the end of 2028.
- Andreas Enger, the CEO of Höegh Autoliners, expressed satisfaction with being chosen as the preferred shipping partner. He emphasized the significance of the East Asia to Europe trade route and aims to provide customers with quality transport, high frequency, and competitive transit times.
- Enger underscored Höegh Autoliners’ commitment to sustainability and reducing carbon footprint. He mentioned the introduction of their flagship Aurora-class newbuilds, which are the largest and most carbon-efficient car carriers in the industry.
- The announcement is part of Höegh Autoliners’ ongoing efforts to enhance transparency. The company discloses monthly trading updates and new contracts, particularly those surpassing a total value of USD 100 million.
Contract Details
Höegh Autoliners ASA has successfully secured a new long-term contract with a major East Asian car producer. The agreement involves the transportation of cars, with a particular emphasis on electronic vehicles (EVs), from Asia to Europe. The contract is set to remain valid for shipments until the conclusion of 2028.
CEO’s Statement
Andreas Enger, the CEO of Höegh Autoliners, expressed satisfaction with being chosen as the preferred shipping partner for another world-leading car producer. He highlighted the company’s pride in the trust bestowed upon them for delivering prestigious brands to end users in Europe over the coming years. Enger emphasized the significance of the East Asia to Europe trade route, identifying it as one of their core trades. Höegh Autoliners aims to provide customers with quality transport, high frequency, and competitive transit times.
Commitment To Sustainability
Enger underscored Höegh Autoliners’ commitment to reducing both their own and their customers’ carbon footprint. He mentioned the introduction of their flagship Aurora-class newbuilds, scheduled to be operational from the second half of this year. These vessels are touted as the largest and most carbon-efficient car carriers in the industry. Enger stated that this offering aligns with their dedication to delivering unparalleled service while being at the forefront of sustainable shipping practices.
Transparency And Disclosure
The announcement is part of Höegh Autoliners’ ongoing efforts to enhance transparency. The company has adopted a practice of disclosing monthly trading updates and new contracts, particularly those with mutual rate and volume commitments surpassing a total value of USD 100 million.
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Source: hoeghautoliners.com
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