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Wednesday, June 23, 2021 

Höegh Autoliners plans to accelerate growth and boost investments in its green and digital transformation, having announced its ambitions of investing in a series of up to 12 Aurora class multi-fuel and ammonia ready vessels designed with a 9,100 car equivalent unit capacity and is now considering a potential listing.

"We are investing in future technology and newbuilds to further strengthen our service offering and meet our ambitious environmental targets and those of our customers. The recent launch of the multi-fuel Aurora class design demonstrates how we can strengthen our leading position in decarbonisation and cargo efficiency. These vessels will be the largest and greenest PCTCs to be built and lead the way towards a net zero emissions future for our industry", said Chair Leif O Høegh.  

Höegh Autoliners claims a proven decarbonisation record. Since 2008 the Company has achieved a reduced carbon intensity of 37% across its fleet and is significantly ahead of the global IMO 2030-target of 40 per cent reduction.  

“We are accelerating our decarbonisation efforts to meet our net zero emissions target by 2040 and are committed to build a more sustainable maritime industry. The advancement in propulsion technology and digital solutions will significantly strengthen our capabilities to combat climate change”, CEO Andreas Enger said.  

The Aurora class has DNV’s new 'ammonia ready' notation, which makes it the first in the segment to be ready for operation on carbon neutral ammonia. Delivery of the first of the new series of multi-fuel and ammonia-ready vessels is expected in 2024.

“This will put us in the forefront of sustainable transportation and enhanced cargo capability”, said Lise Duetoft, Chief Strategy and Analytics Officer.

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