Leif Höegh & Co
Leif Höegh & Co is an international shipping company, founded in 1927 by Norwegian Leif Høegh (1896-1974). Since 2006 the company has been structured as two separate entities, Höegh Autoliners and Höegh LNG, with Leif Höegh & Co acting as a common holding company.
|Traded as||NYSE: HMLP (Höegh LNG)|
Höegh LNG is active in the liquefied natural gas industry including LNG carriers. As of January 2015, it is 44.6 owned by Leif Höegh. The largest investors are Allianz, Fairview Capital and Nordea. The Baupost Group announced that it controlled 5.26% of shares for its clients.
Höegh Autoliners operates pure car/truck carrier (PCTC) vessels, and its main business is the maritime transport and distribution of cargo such as automobiles, trucks, trailers, Mafi roll trailers, heavy construction machinery and further types of rolling freight.
In 1970 a joint venture in between Höegh and Ugland Auto Liners (HUAL) was formed to develop a new leading RORO operator. Then in March 2000 Leif Höegh & Co acquired the remaining 50% of HUAL, renaming the company Höegh Autoliners, as known today.
In 2008 A.P. Moller became a minority shareholder in Höegh Autoliners, holding 37,5 per cent of shares.
As part of its relationship with Maersk, Höegh Autoliners took over twelve Maersk ships in 2008 (plus the contract of six to be built).
The Company also has a 50% stake in Euro Marine Logistics that connects Zeebrügge, Esbjerg (Denmark), Gothenburg (Sweden), Drammen (Oslofjord, Norway) and Port of Tyne (UK), providing dedicated short sea connections.
Facts and accidents
In May 2014 it was announced that nine Höegh Autoliners PCTC vessels would be managed by Wallem which would deliver technical and crew management from Wallem's Singapore base.
On 25 February 2019, MV Höegh London reported a Crew member casualty while sailing in the Mediterranean Sea from Tanger-Med to Gemlik. The vessel faced an extremely serious storm, that caused severe rolling and consequent unexpected movements of her cargo on the decks. Several vehicles were damaged, and also the bulkhead structure was cracked in several points, with seawater entering in her holds. While the Crew was verifying the seriousness of the damages and attempting the cargo re-lashing, a Chinese Crew member was hit by a heavy machinery, reporting life threatening injuries and soon after died on board. The ship requested emergency berthing at Pozzallo port to disembark the seafarer, and undertake an inspection of the ship’s seaworthiness.
Maersk PCTC fleet acquisition
|MAERSK NAME||HÖEGH NAME||FUNNEL - MAERSK CHARTER TO|
|Maersk Cloud||Höegh Cochin||MOL|
|Maersk Sea||Höegh Chennai||MOL|
|Maersk Sun||Höegh Mumbai||MOL|
|Maersk Taiki||Höegh Pusan||NYK|
|Maersk Taiyo||Höegh Kunsan||NYK|
|Maersk Teal||Höegh Masan||WWL|
|Maersk Tide||Höegh Incheon||NYK|
|Maersk Wave||Höegh Yokohama||WWL|
|Maersk Welkin||Höegh Chiba||NYK|
|Maersk Willow||Alliance Fairfax||MOL|
|Maersk Wind||Höegh Osaka||WWL|
|Maersk Wizard||Höegh Kobe||NYK|
Maersk Crest (ex mv Rich Queen) was sold to NYK in 2007, and renamed Tigris Leader.
|Wikimedia Commons has media related to Höegh Autoliners.|
- "Our Business". Retrieved 10 January 2015.
- Pierce, Andy (7 January 2015). "Investor shows Hoegh LNG hand". Tradewinds.
- Wright, Robert (30 January 2008). "Maersk sells ships to Norway group". Financial Times.
- "New Höegh service from Valencia". 8 January 2014. Retrieved 7 January 2015.
- "Galveston Terminal Operator and Galveston Stevedore". Retrieved 7 January 2015.
- "New service to Drammen in Norway". 25 May 2014. Retrieved 7 January 2015.
- "Höegh Autoliners and Wallem sign Shipman deal". 11 May 2014. Retrieved 7 January 2015.
- Millward, David (4 January 2015). "Crew rescued as car transporter runs aground". Daily Telegraph.
- Bakka, Dag (1997). Höegh: Shipping through Cycles: Leif Höegh & Co, 1927-1997. Oslo: Leif Höegh & Co. ISBN 8291258074.
- Crowdy, Michael (1968). Leif Höegh & Co. A/S, Oslo: the firm and the fleet, 1928-1968. Kendal, England: World Ship Society. OCLC 2430077.
- Egeland, John O. (1975). "Leif Høegh: verket og mannen" [Leif Höegh: The Works and the Man]. Høegh Tidende (in Norwegian). Oslo: Leif Höegh & Co (special number). OCLC 500037125.
- Høegh, Leif (1970). I Skipsfartens Tjeneste [In Shipping Service] (in Norwegian). Oslo: Gyldendal Norsk Forlag. OCLC 479075867.
- Tenold, Stig (2006). Tankers in Trouble: Norwegian shipping and the crisis of the 1970s and 1980s. Research in Maritime History series, no. 32. St. John's, Nfld, Canada: International Maritime Economic History Assoc. ISBN 0973893427.