Norwegian shipping company Höegh Autoliners ASA has signed a contract with a major East Asian car manufacturer for the shipping of cars from Asia to Europe.

The contract which will be valid until the end of 2028, will witness the transportation of mainly electric vehicles (EVs).

According to the shipping company, one of its key transactions is from East Asia to Europe, where it can offer customers high-frequency and competitive transit times.

Andreas Enger, CEO of Höegh Autoliners, emphasised how the partnership will align with the company’s sustainability efforts.

Enger said: “We are happy to be chosen as the preferred shipping partner for another world-leading car producer. We take pride in the trust given to us for bringing their prestigious brands to their end users in Europe in the upcoming years.

“Höegh Autoliners have taken a leading role in the deep-sea car transportation industry in terms of reducing our own, and our customers’ carbon footprint”.

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By GlobalData

Commencing Q2 2024, Höegh Autoliners customers will benefit from transporting their cargo on the flagship Aurora-class newbuilds, which are claimed to be the “largest and most carbon-efficient car carriers in the industry”.

“This offering embodies our commitment to delivering unparalleled service while at the same time being a frontrunner for sustainable shipping” added Enger.

Höegh Autoliners did not disclose the financial details of the deal.