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Höegh Autoliners Takes Delivery of New Vessels

Maritime Activity Reports, Inc.

January 26, 2007

Höegh Autolines took delivery of two new Pure Car Truck Carriers in January. Seven new vessels will add capacity to Höegh Autoliners' fleet in 2007. Höegh Delhi, a Pure Car Truck Carrier was delivered from Uljanik Shipyard in Croatia on January 25. The vessel will be chartered long term by Höegh Autoliners who also own 49.5 percent in the vessel. Höegh Delhi is one of the largest car carriers built with a deck area of 59.000 square meters that can accommodate up to 7,000 car units.

Höegh Shanghai, the 7th Pure Car Truck Carrier in the series from Daewoo Shipbuilding and Marine Engineering (DSME) Shipyard was delivered on 16 January. The vessel has a car deck area of 54,000 m2, which can accommodate 6,100 standard car units. Höegh Autoliners and A.P.Moller - Maersk announced this week that the companies entered into a cooperation agreement, effective from 1 February 2007, to commercially operate globally under the name Höegh Autoliners the combined fleet of about 67 vessels including 12 car carriers owned by Maersk Shipping Singapore.

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