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Höegh LNG dragged down in second quarter

Gas carrier Höegh LNG booked a deficit in the second quarter, in which costs pertaining to one ship contributed to the decline. CEO has positive view of LNG market.

Photo: PR/Höegh LNG

Promising prospects for the LNG market were not enough to ensure black figures in Höegh LNG's second quarter.

Seasonal fluctuations in trade activity alongside considerable costs for one ship contributed to the shipping line landing in the red for the period, according to its interim report, published Thursday.

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