Drugs and Weapons Reportedly Found on Höegh Car Carrier in Mombasa

  A search of a Norwegian-flagged car carrier at the Port of Mombasa, Kenya has reportedly turned up firearms and drugs hidden inside a few of the vehicles being transported by the ship. Local reports on Monday said that the illegal contraband was discovered during a search of the ship Höegh Transporter and its cargo over the weekend. The contraband was discovered … [Read more...]

PGN FSRU Lampung Commences 20-Year Contract Offshore Indonesia

The world's 20th FSRU has commenced operation over the weekend. The Hoegh LNG-owned PGN FSRU Lampung completed receiving its first cargo of LNG through a Ship-To-Ship (STS) transfer on Sunday, 27 July.  The vessel, located offshore Indonesia, has now entered its final commissioning phase as part of it's 20-year contract with Perusahaan Gas Negara (PGN). Hoegh LNG notes … [Read more...]

Egypt in Talks With Excelerate for LNG Regasification Ship

By Oleg Vukmanovic MILAN, July 10 (Reuters) - Egypt has missed a window to avert gas shortages this year as plans to secure a floating import terminal from a Norwegian firm hit snags, causing officials to hedge their bets by restarting talks with U.S.-based rival Excelerate Energy. The two-year tale of Egyptian efforts to secure a floating liquefied natural gas (LNG) … [Read more...]

Höegh Gallant Slated for Installation Off Egypt

Currently under construction at Hyundai Heavy Industries, the 170,000 m3 FSRU Höegh Gallant has gained the interest of the Egyptian Natural Gas Holding Company (Egas) which signed a Letter of Intent for its use at the LNG import terminal at the port of Ain Sokhna on the Gulf of Suez. Höegh LNG notes the LOI is for a 5-year contract commencing in Q3 2014 and will provide a … [Read more...]

Höegh Gains More Financing for Newbuild FSRUs

Höegh LNG announced today they have received an upsized agreement with a number of banks to finance the final two FSRUs under construction at Hyundai Heavy Industries. In January, the company received commitment letters for a USD $400 million Senior Secured Credit Facility, however that has now been increased to USD $412 million. In their press release today, Hoegh … [Read more...]