Search results for: Höegh Grace

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  • 2 December 2016
    Business & Finance

    NYSE-listed Höegh LNG Partners LP has agreed to acquire a 51% ownership interest in the entities that own and operate the floating storage and regasification unit (FSRU) Höegh Grace, and contribute the acquired ownership interest to the group’s operating company. The vessel’s purchase price will be USD 188.7 million, less USD 96.9 million, the pro rata amount of […]

  • 5 December 2016
    Vessels

    Norway-based Höegh LNG said on Monday that its FSRU Höegh Grace has begun commercial operations in Cartagena, Colombia. The Höegh Grace, used as Colombia’s first LNG import terminal, started operating under the 20-year contract Höegh LNG has with Sociedad Portuaria El Cayao (SPEC). “Höegh Grace is on hire after the regas trial is completed and following […]

  • 4 January 2017
    Vessels

    Oslo-based Höegh LNG said it has completed the sale of 51 percent interest in FSRU Höegh Grace to Höegh LNG Partners.

  • 4 December 2017
    Business & Finance

    Norway-based Höegh LNG finalized the transfer of the remaining 49% interest in Höegh Grace to Höegh LNG Partners LP on December 1. Under the agreement, reached between the parties in mid-November, the Höegh LNG has transferred the remaining ownership interest in Höegh LNG Colombia Holding, the sole owner of the entities that own and operate the floating storage […]

  • 4 January 2017
    Business & Finance

    Norway-based Höegh LNG Partners LP has finalized the transfer of the 51% interest in floating storage and regasification unit (FSRU) Höegh Grace, Höegh LNG Holdings informed.  In early-December, Höegh LNG Partners agreed to acquire the ownership interest in the entities that own and operate the FSRU and contribute the acquired ownership interest to the group’s operating company. The vessel’s purchase […]

  • 10 February 2017
    Vessels

    Norway-based Höegh LNG’s FSRU Höegh Grace began commercial operations in Cartagena, Colombia at the end of last year.

  • 21 April 2017

    Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s Höegh LNG, raised its first quarter cash distribution to $0.43 per unit. This represents an increase of 4.24% from the fourth quarter 2016 distribution and is related to the acquisition of 51% of FSRU Höegh Grace, Höegh LNG Partners said in a statement. The latest move brings the […]

  • 2 December 2016
    Project & Tenders

    Höegh LNG said it has agreed to sell a 51 percent ownership interest in FSRU Höegh Grace to Höegh LNG Partners for US$188.7 million.

  • 2 November 2016
    Vessels

    Norway-based Höegh LNG said its FSRU Höegh Grace arrived in Cartagena, Colombia on Tuesday, November 1.

  • 15 November 2016
    Vessels

    Norway-based Höegh LNG said its FSRU Höegh Grace received its first cargo in Cartagena, Colombia.

  • 2 November 2016
    Business & Finance

    The Floating Storage and Regasification Unit (FSRU) Höegh Grace, owned by Norwegian-based Höegh LNG, has been installed at a terminal in the port of Cartagena in Colombia. The FSRU is now ready to receive the commissioning cargo and to enter the commissioning phase, leading up to the start of commercial operations under the long-term charter contract […]

  • 5 July 2016

    Norway-based Höegh LNG said it has opened an office in Cartagena, Colombia to support its contract with Sociedad Portuaria El Cayao (SPEC). Colombia, the country largely situated in the northwest of South America is expected to join the club of worldwide LNG importing nations in the fourth quarter of this year. To remind, Höegh LNG signed a […]

  • 1 March 2017

    Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s Höegh LNG, reported a rise in its net income for the fourth quarter of 2016.

  • 16 November 2017
    Business & Finance

    Norwegian-based Höegh LNG has reached a deal to transfer the remaining 49% interest in the entities that own and operate the floating storage and regasification unit (FSRU) Höegh Grace to Höegh LNG Partners. The share in Höegh LNG Colombia Holding, the sole owner of the entities that own and operate the vessel, would be sold for a price of USD […]

  • 16 November 2017
    Vessels

    Norway-based floating LNG giant Höegh LNG has agreed to transfer the remaining 49% ownership interest in Höegh Grace FSRU to its master limited partnership, Höegh LNG Partners. Under the deal, Höegh LNG Partners will buy a 49% stake in Höegh LNG Colombia (Grace Holding), the owner and operator of Höegh Grace, for a  price of $172.5 million, […]

  • 16 September 2019

    Sociedad Portuaria El Cayao (SPEC LNG), Calamari LNG, Avenir LNG and Höegh LNG signed a joint development agreement on providing additional LNG services at the Cartagena import facility. 

  • 1 August 2017

    Höegh LNG’s FSRU Höegh Grace received only its second cargo of liquefied natural gas since it started operations in Cartagena, Colombia in December last year. 

  • 28 February 2018

    Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, reported a $25.4 million net income for the fourth quarter of 2017.

  • 15 April 2015
    Business & Finance

    Owner and operator of floating LNG import terminals Höegh LNG has named its 6th Floating Storage and Regasification Units (FSRU) on Tuesday, April 14th. The FRSU was named Höegh Grace at South Korean shipbuilder Hyundai Heavy Industries by the Lady Sponsor Mrs. Dana Høegh. The 170,000 cbm FSRU is slated for delivery in the second […]

  • 4 December 2017
    Vessels

    Höegh LNG Partners closed the transfer of a 49 percent ownership interest in the floating storage and regasification unit (FSRU) Höegh Grace.

  • 28 February 2017
    Business & Finance

    Floating energy solutions provider Höegh LNG posted a profit after tax of USD 0.8 million in the fourth quarter of 2016, returning to black when compared to the same period from 2015 when a loss of USD 33 million was reported. EBITDA for the fourth quarter of 2016 amounted to USD 31.2 million, compared with USD […]

  • 20 April 2018

    Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, said it has boosted its dividend in the first quarter by 2.3 percent when compared to the previous quarter. The company declared a quarterly cash distribution of $0.44 per unit for the first quarter. Höegh LNG Partners said in a statement […]