Höegh Autoliners Buys Back Fifth RoRo Under Bareboat Charter
Norwegian roll-on/roll-off (RoRo) provider Höegh Autoliners has exercised an option to purchase back another one of its bareboat chartered vessels—its fifth such deal in the less than a year. Höegh Autoliners ASA announced this week a an agreement to t…
Norwegian roll-on/roll-off (RoRo) provider Höegh Autoliners has exercised an option to purchase back another one of its bareboat chartered vessels—its fifth such deal in the less than a year. Höegh Autoliners ASA announced this week a an agreement to terminate the bareboat charter for the Höegh Berlin and purchase the vessel for a purchase price of $34.25 million. The 7,850 CEU capacity vessel was taken over on March 1. Höegh Berlin was built by Höegh at Daewoo Shipbuilding & Marine Engineering (“DSME”) in 2005 and is one of a series of vessels the company built at DSME between 2004 and...