Höegh Eyes Fourth FSRU
Source:Asiasis
2012.09.25
440
Market sources believe that Höegh LNG will book additional fourth floating storage regasification unit.
Recently, Höegh piled up funds through bond issue, with the amount undisclosed. But there is market talk that it could be around NOK 600m ($104m).
Höegh has said that the proceeds from its contemplated bond issue are for general corporate purposes, but industry insiders believe the company is poised to order a newbuilding FSRU, as it is strongly positioned in the market.
Meanwhile, sources said the company has secured contracts on its three newbuildings being built at Hyundai Heavy Industries.