Höegh LNG orders FSRU with options at HHI

The announcement follows strong FSRU demand forecasts from the company, and full contract coverage for its fleet, incluiding newbuilds, as of last week.

The latest unit will be delivered in the first quarter 2018 and comes with an option for a ninth FSRU with a defined delivery window.

President and ceo Sveinung Støhle commented: "After signing the long term contract with Octopus LNG last week we stay firm to our business model with the order of FSRU#8 + options. Our plan to grow our FSRU fleet step-by-step with the objective to double it by 2019 remains firmly in place.

"We continue to see strong demand for our FSRU services, and with the highest technical specification on our newbuild FSRUs at competitive prices, Höegh LNG remains the leading company in the FSRU segment and we are very well positioned to continue increasing our market share in the coming years."