ShippingWatch

Höegh Autoliners incurs loss for fourth consecutive year

Norwegian car carrier Höegh Autoliners, which is partly owned by Maersk, booked a major loss for 2019, writes Norwegian media Finansavisen. The shipping line has been severely impacted by the corona crisis in 2020.

Photo: PR/Höegh Autoliners

It is the fourth year in a row that sees a major deficit at RoRo shipping line Höegh Autoliners, where A.P. Moeller-Maersk is a major shareholder.

According to Norwegian media Finansavisen, the carrier's loss for last year came to USD 57.6 million before taxes.

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