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Höegh Autoliners Expects $300 Million Additional Revenue from Contract Extension

MT Newswires·07/10/2026 01:35:03
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01:35 AM EDT, 07/10/2026 (MT Newswires) -- Höegh Autoliners (HAUTO.OL) extended a car transportation contract with a major Asian car producer until December 2029. The ocean transportation group said Friday the extension took effect in May 2026 and represents $300 million of additional revenue based on forecasted volume.