March 4 - Ho

Norway headquartered Hoëgh Autoliners is a provider of ro-ro transportation services. This is the second car carrier sold to Grieg Green for recycling since Hoëgh implemented its environmentally friendly end of life policy for its vessels during 2009.

Grieg Green will act as the buyer of the Hoëgh Traveller and resell it to a Chinese recycling yard. The vessel will then be disposed of to strict 'green' criteria.

Norway based Grieg Green has been set up to provide shipowners with services for green recycling of vessels. Petter Heiter, ceo, Grieg Green added: "We have successfully recycled several vessels and we are pleased that Höegh Autoliners again has entrusted us to handle this project."

Hoëgh Autoliners ceo Ingar Skiaker added: "This is the 12th car carrier we have sold for green recycling and we are pleased that Grieg Green will supply services to safeguard safe and environmentally friendly recycling."

Hoëgh Autoliners operates a fleet of 60 pure car and truck carriers (PCTC).