Höegh LNG: 2023 Annual Report and Sustainability Report

Hamilton, Bermuda 19 April 2024  - Höegh LNG Holdings Ltd. ("Höegh LNG") has today published its 2023 Annual Report and 2023 Sustainability Report. Both reports are available at hoeghlng.com. 

Strong performance driven by FSRU deliveries to Europe

In 2023, Höegh LNG delivered the highest net result in the company’s history. The strong performance was fuelled by successful delivery of critical LNG infrastructure in Europe. The FSRU market is well positioned for continued growth, driven by the build-out of more liquefaction capacity and growing capacity of LNG carriers

Infrastructure solutions for the energy transition

Höegh LNG also launched a comprehensive clean energy strategy in 2023, leveraging our expertise in floating terminals, liquid gas handling and marine gas transportation to develop innovative solutions for clean energy imports. The rapid shift towards clean energy creates significant opportunities for sustained growth, and we are committed to playing a pivotal role in the energy transition. 

Commitment to sustainability

Höegh LNG has also published its Sustainability Report for 2023, showcasing the company's continued commitment to sustainable operations and corporate responsibility.

Highlights include:

• Achieving a perfect score of 100 on the GRESB rating
• Committing to reduce carbon emissions by 50% and operate first net zero-carbon FSRUs by 2030

• Embracing the '40 by 30' initiative for 40% female leaders onshore
• Enacting a strategy to increase female seafarers to 10% by 2030
• Implementing new programs for safety, speak up and human rights

For more information:

Christine Corkery Steinsholt, Head of External Communications

christine.steinsholt@hoeghlng.com | +47 950 95 481

About Höegh LNG

Höegh LNG is a pioneer within maritime energy infrastructure, providing countries and energy companies with rapid, flexible and cost-efficient access to global energy markets. We are a leading innovator, owner and operator of Floating Storage and Regasification Units (FSRUs) and LNG carriers (LNGCs). In addition to providing energy security, our assets support the transition to renewables by providing reliable access to lower carbon natural gas and a flexible infrastructure solution for delivering carbon-free energy. Visit our website at hoeghlng.com