Höegh Autoliners ASA (HAUTO) - March 2025 Trading Update

About this update from Hoegh Autoliners Asa

In March 2025, Höegh Autoliners (the Company, ticker code "HAUTO") transported1.3 million cbm of cargo on prorated basis. Transported cargo in the lastthreemonths (January - March) was 3.5 million cbm.Average prorated gross freight rate in March 2025 was USD 91.8 per cbm (-8.5%compared to average gross rate in Q4 2024). Average prorated gross freightratein the last three months was USD 94.9 per cbm.Average prorated net freight rate in March 2025 was USD 78.7 per cbm (-9.3%compared to average net rate in Q4 2024). Average prorated net freight ratelastthree months was USD 80.4 per cbm.HH/BB share of prorated volumes carried in March was 18%. Last three monthstheprorated HH/BB share was 20%.Andreas Enger, CEO Höegh Autoliners, comments: "As expected and communicatedinthe February trading update we see stronger volumes in March on the back ofhaving four newbuilds and one new charter vessel in operation. We deliveredHöegh New York to its new Owner during the month and look forward to havingtwomore newbuilds operational during May-June."For further information, please contact:Andreas Enger, CEO [email protected]+47 901 31 228Espen Stubberud, [email protected]+47 400 39 753Investor [email protected] contact:Camilla Knappskog, Head of [email protected]+47 926 66 156About Höegh AutolinersHöegh Autoliners is a leading global provider of RoRo (Roll On Roll Off)transportation services delivering cars, high and heavy and breakbulk cargoesacross the world. The Company operates around 40 RoRo vessels in global tradesystems and makes more than 2 000 port calls each year. Our purpose is todevelop innovative solutions for greener and more sustainable deep seatransportation. We are on a path to a zero emissions future and are workingclosely with customers and partners to achieve this. Höegh Autoliners has itshead office in Oslo, Norway and employs around 460 people in its 16 officesworldwide and around 1 200 seafarers.https://newsweb.oslobors.no/message/643099

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