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2014-05-19

Höegh Autoliners: New car carrier named Höegh Jacksonville

On 16 May, 2014 the latest addition to Höegh Autoliners fleet was successfully
named "Höegh Jacksonville" in a naming ceremony held in Hamburg, Germany.
Mrs. Doris Trunzer, the wife of Mr.Mario Trunzer (Managing Director
Commercial of the LIEBHERR Werk-Ehingen GmbH.) acted as Lady Sponsor.

The ceremony was hosted by Höegh Autoliners with 210 guests visiting the
Hamburg Cruise terminal where the naming took place.

Höegh Jacksonville is the first of two sister vessels with 6 500 car capacity
built by Daewoo-Mangalia Heavy Industries, Romania to be delivered to Höegh
Autoliners' operation this year. Both vessels will be operated by Höegh
Autoliners through a long term bareboat charter from the vessels' owners;
Ocean Yield AS.

Ingar Skiaker, CEO says: "Taking Höegh Jacksonville in to our operation is
part of our fleet renewal program, replacing older vessels that are being
phased out. The renewal program continues next year, when we start taking
delivery of our New Horizon vessels, which will be the world's largest Pure
Car Truck Carriers, with a capacity of 8 500 car equivalent units. The new
vessels will add flexibility and efficiency to our trades and improve the
service offerings to our customers."

Höegh Jacksonville's maiden voyage will be in Höegh Autoliners' Europe to
Middle East trade and will thereafter trade in the company's global trade
systems.

Contact Person:

Olav Sollie
Head of Shipowning
Email:OLS@hoegh.com

Telephone: +47 2103 9821

About Höegh Autoliners

Höegh Autoliners is a global leader in deep sea Ro/Ro transportation services.
The company operates about 60 Pure Car and Truck Carriers (PCTCs) in global
trade systems, making around 3500 port calls and carrying around 2 million
car equivalent units per year. Our main customers are manufacturers of new
cars, heavy machinery and other rolling stock. We also carry secondhand
equipment.

Oslo headquartered Höegh Autoliners is managed from a global network of around
20 offices, owner's representatives and agents. The Company has approximately
400 employees ashore and 900 seafarers.

Höegh Jacksonville
http://hugin.info/80/R/1786955/613399.jpg

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Höegh Autoliners via Globenewswire

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