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GTT receives tech order for Hoegh LNG’s FSRU

GTT of France received an order for a new FSRU being built by the Korean shipbuilding company Hyundai Heavy Industries. The regasification unit is expected to be delivered in 2017 and will be built...

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Hoegh LNG’s third quarter income drops

Höegh LNG of Norway reported USD 33.8 million in total income in the third quarter of 2014, down from USD 36.7 million in the same quarter last year. The company’s consolidated operating loss before...

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Hoegh LNG’s CEO buys 2000 shares

Höegh LNG said that Sveinung J. S. Støhle, its President & CEO, purchased 2,000 common shares in the company. Shares were purchased at a price of NOK 74.50 per share 1 December , Höegh LNG said in...

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Ashurst advises SPEC on Hoegh LNG FSRU deal

Ashurst said it advised Sociedad Portuaria El Cayao in relation to its agreements with Höegh LNG for the leasing, operation and maintenance of a 170,000 m3 FSRU for a new LNG import terminal in...

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Hoegh LNG’s Board Director buys company shares

Ditlev Wedell-Wedellsborg, Director to the Board, has purchased 3,000 shares in Höegh LNG Holdings through his wholly owned subsidiary Niki Invest Aps at a price of NOK 78 per share on Tuesday....

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Hoegh LNG chairmen purchase company shares

Höegh LNG Holdings informed that Leif Höegh & Co., which is represented on the board of directors of the company by Morten W. Høegh and Leif O. Høegh, purchased 7,579 common shares in the company...

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Lithuania’s LNG terminal receives first commercial cargo

Lithuania’s LNG terminal at the port of Klaipeda has reached another milestone since the official start of operations earlier this month.  According to Klaipeda port data, the 155,000 cbm Arctic Aurora...

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Baupost Group buys Hoegh LNG shares for clients

The Baupost Group said it has acquired 200,000 shares in Norway’s Höegh LNG on behalf of several clients. Following the transaction, the aggregate shareholding in HLNG over which Baupost is authorized...

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Leif Hoegh & Co. buys Hoegh LNG shares

Höegh LNG said that Leif Höegh & Co. through Brompton Cross VII, a co-investment vehicle for management of Höegh Capital Partners, purchased 13,800 common shares in Höegh LNG. Common shares were...

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Hoegh LNG Q4 income flat

Höegh LNG of Norway reported USD 45.3 million in total income for the fourth quarter 2014, as compared to USD 45.5 million in the same period a year before. The company’s  operating profit before...

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INTERVIEW: Hoegh LNG eyes eight FSRU, CEO says

Oslo-based Höegh LNG, which has been involved in the LNG industry for more than 40 years, has been putting a lot of effort in its floating LNG business, with the last order in November of 2014 bringing...

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Delfin, Hoegh LNG partner up on FLNG project

Delfin LNG said it has signed a joint development agreement with Höegh LNG in relation to its US-based Delfin liquefied natural gas deepwater port project. The project is a planned floating...

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Höegh LNG reduces 2014 results by USD 1.2 million

Höegh LNG of Norway said its Board of Directors approved the 2014 annual financial statements. The approved result for 2014 was reduced by USD 1.2 million compared to the preliminary full year result...

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Hoegh LNG names sixth FSRU

Oslo-based Höegh LNG informed that the sixth FRSU under construction at Hyundai Heavy Industries has been named Höegh Grace.  The 170,000 cbm FSRU is scheduled for delivery in the second quarter of...

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Hoegh LNG makes BoD changes

Oslo-based Höegh LNG has appointed Christopher G. Finlayson to its Board of Directors. Finlayson will be a member of the Governance, Compliance and Compensation Committee, Höegh LNG said in a...

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Hoegh LNG’s Q1 total income at USD 47 million

Oslo-based Höegh LNG reported US$46.9 million in total income for the first quarter of this year, down from US$51.3 million in the same period in 2014. The company’s EBITDA rose to US$16.5 million, as...

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Hoegh LNG scores FSRU deal in Chile

Oslo-based Höegh LNG said it has signed an FSRU contract with Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile. The contract is for a period of 20 years and...

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Hoegh LNG mulls bond issue

Norway’s Höegh LNG said it is contemplating issuing senior unsecured bonds denominated in USD in the Nordic bond market with maturity in June 2020. The net proceeds from the contemplated bond issue are...

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Hoegh LNG raises USD 130 million via bond issue

Höegh LNG of Norway has completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020. The bond issue will be swapped from...

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Hoegh LNG orders eighth FSRU at HHI

Höegh LNG informed that it has ordered its eighth FSRU at Hyundai Heavy Industries in South Korea.  The eight FSRU is designed to the highest specifications, has full trading capability, regas capacity...

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