Höegh Autoliners ASA (HAUTO) – January 2025 Trading Update

10 Feb 2025 07:00 CET

In January 2025, Höegh Autoliners (the Company, ticker code “HAUTO”) transported
1.1 million cbm of cargo on prorated basis. Transported cargo in the last three
months (November – January) was 3.5 million cbm.

Average prorated gross freight rate in January 2025 was USD 99.6 per cbm (-0.7%
compared to average gross rate in Q4 2024). Average prorated gross freight rate
in the last three months was USD 99.7 per cbm.

Average prorated net freight rate in January 2025 was USD 82.1 per cbm (-5.3%
compared to average net rate in Q4 2024). Average prorated net freight rate last
three months was USD 84.6 per cbm.

HH/BB share of prorated volumes carried in January was 22%. Last three months
the prorated HH/BB share was 24%.

Andreas Enger, CEO Höegh Autoliners, comments: “January activity level was as
expected somewhat influenced by seasonal slowdown. Going forward we will benefit
from having four of our newbuilds in operation following delivery of Höegh
Australis and Höegh Sunlight. January net rate was lower than recent months
following from trade mix and start of new contract volume. The share of contract
cargo was above 80%”.

For further information, please contact:

Andreas Enger, CEO
andreas.enger@hoegh.com
+47 901 31 228

Espen Stubberud, CFO
espen.stubberud@hoegh.com
+47 400 39 753

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 more than 2 000 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 460 people in its 16 offices
worldwide and around 1 200 seafarers.

More information:
Access the news on Oslo Bors NewsWeb site

638087_2025 01 Data table.pdf