Traded as NYSE: HMLP (Höegh LNG) Headquarters Norway Website www.hoegh.com Founded 1927 | Industry Shipping Area served Worldwide Founder Leif Høegh Type of business Public | |
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Leif Höegh & Co is an international shipping company, founded in 1927 by Norwegian Leif Høegh (1896-1974). Since 2006 the company has been structured as two separate entities, Höegh Autoliners and Höegh LNG, with Leif Höegh & Co acting as a common holding company.
Höegh Autoliners operates pure car/truck carrier (PCTC) vessels. As part of its relationship with Maersk, it took over a number of Maersk ships in 2008. Since January 2014, its Europe/USA routes have included Valencia to Baltimore, Jacksonville, New York and Galveston. It has a 50% stake in the EML shipping line that connects Zeebrügge, Esbjerg (Denmark), Gothenburg (Sweden), Drammen (Oslofjord, Norway) and Port of Tyne (UK).
The MV Höegh Osaka was en route from Southampton to Bremerhaven when it was grounded in January 2015, requiring salvage.
It was announced in May 2014 that nine Höegh Autoliners PCTC vessels would be managed by Wallem which would deliver technical and crew management from Wallem's Singapore base.
Höegh LNG is active in the liquefied natural gas industry including LNG carriers. As of January 2015, it is 44.6 owned by Leif Höegh. The largest investors are Allianz, Fairview Capital and Nordea. The Baupost Group announced that it controlled 5.26% of shares for its clients.