Höegh Autoliners adds $300m to Asian carmaker deal

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Höegh Autoliners, an Oslo-listed car carrier operator, has extended its contract with a major Asian car manufacturer, adding approximately $300 million in revenue. The deal, valid until December 2029, covers increased car transportation volumes on a key trade lane.

Oslo-listed car carrier operator Höegh Autoliners has extended an existing contract with a major Asian car producer in a deal expected to add about $300m in revenue. The contract extension runs until December 2029 and covers the transportation of cars in a key trade lane. Höegh Autoliners said the new agreement includes higher committed volumes …