Ro-ro carrier Höegh Autoliners has signed an agreement to sell Höegh Chiba for USD61 million and declared an option to purchase Höegh Jeddah from Ocean Yield for a purchase price of USD43.2 million.
Built at DSME shipyard in 2006, the 6,000 ceu vessel will be delivered to the new owner by August 2024.
Höegh Jeddah, meanwhile, was built in 2014 and has a capacity of 6,500 ceu. According to Höegh, the average market value of the vessel is USD91 million (per December 31, 2023).
The transactions will be completed in September 2024, and the company intends to finance the purchase price fully by mortgage debt through its fleet credit facility.
“The transactions represent good opportunities for us to further optimise our asset portfolio in preparation of the first Aurora delivery in August,” said ceo Andreas Enger
