Wedoany.com Report on Feb 26th, Höegh Autoliners achieved an after-tax net profit of $104 million in the fourth quarter of 2025, with total revenue reaching $358 million. The shipping company maintained strong demand for its car carriers, with the share of business from contracted customers increasing by 4 percentage points from the previous quarter to 84%.

The seventh car carrier in the new series, Höegh Starlight, was delivered in December, shortly after the one-year suspension of USTR port fees took effect on November 10, 2025. The company declared a dividend of $99 million for the fourth quarter, equivalent to $0.519 per share, scheduled for payment in March 2026. This follows a $30 million dividend paid in the third quarter of 2025.

CEO Andreas Enger commented, "Despite a complex and evolving operating environment, Höegh Autoliners has delivered another strong year." He emphasized that demand for ocean transport and car carriers remains robust, particularly driven by growth in Asian demand.

Höegh Autoliners stated that it has no immediate plans to return to Red Sea routes. The company expects its operating profit for the first quarter of 2026 to be slightly above the level achieved in the fourth quarter of 2025, indicating continued vitality in the car carrier market.