Norwegian roll-on/roll-off shipping company Höegh Autoliners ASA has recently reached an agreement for the sale of the 2007 built car carrier HOEGH BANGKOK.
She was built in Croatia by Uljanik Shipyard at Pula with 6,500 CEU as cargo capacity and 100 metric tons of ramp capacity. The vessel will be sold for a price of USD 63 million.
She was seen at Valletta in 2009 and 2010.
In addition, Höegh Autoliners has exercised its option to purchase the 2014 built car carrier HOEGH JACKSONVILLE from Ocean Yield for USD 43.22 million.
She was built in Romania by Daewoo Mangalia Heavy Industries at Mangalia with 6,500 CEU as cargo capacity and 150 metric tons of ramp capacity. She will be financed through mortgage debt using the company’s fleet credit facility
According to CEO Andreas Enger, the acquisition of HOEGH JACKSONVILLE aligns with the company’s strategy of building long-term commitments with customers based on a modern fleet owned and controlled by Höegh Autoliners.
“The transaction is cash neutral, enables the realisation of value gains from our lease options, and will allow for better capacity cost control,” says Enger.
HOEGH BANGKOK sale comes ahead the delivery of its first Aurora class vessel in July 2024. The company said the sale will enhance its cash balance with delivery to its new owner expected by the end of 2023.
She was seen at Malta too.
Hoegh Autoliners are handled in Malta by Sullivan Maritime Ltd – www.sullivanmaritime.com