Höegh LNG orders new FSRU (Floating Storage and Regasification Unit)
Höegh LNG has, pursuant to a successful private placement, today exercised an option for a new FSRU to be built at Hyundai Heavy Industries Ltd. in Korea. The FSRU will be delivered in the second quarter of 2014, and its specifications will be adapted to comply with relevant project requirements.Höegh LNG's President and CEO, Sveinung Støhle, says in a comment:"With our two FSRUs on order allocated to specific projects in Indonesia and Lithuania, the Company continues focusing its growth plans at the floating regasification market, and is currently participating in several tender