Who we are

A reliable infrastructure partner for energy security and the transition to clean energy

Höegh LNG is a pioneer within maritime energy infrastructure, providing fast-track floating LNG terminals to facilitate for national and regional energy security around the world. The flexibility provided by floating terminal solutions also supports the transition to clean, carbon-free energy.

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We are a leading innovator, owner and operator of Floating Storage and Regasification Units (FSRUs) and LNG carriers (LNGCs). Both are critical to energy security, and a foundation for future technologies and infrastructure for decarbonisation of global energy systems.

For over 50 years, we have connected energy producers and end-users via safe and reliable access to critical and cost competitive LNG infrastructure. FSRUs are strategic assets that provide countries and energy companies with rapid, flexible and cost-efficient access to the global LNG market. Today, half of our capacity is deployed in Europe.

Technical and commercial innovation in addition to operational excellence and a competent and purpose-built organisation have made us a leader within the expanding LNG import terminal market. These factors will remain the foundation for long-term value creation and future growth, also within clean energy infrastructure solutions.

We have approximately 900 employees at sea and onshore and are present in Norway, Germany, Lithuania, United Kingdom, the USA, Singapore, Indonesia, Egypt, Colombia, Brazil and the Philippines.

Höegh LNG Holdings Ltd. is owned by Larus Holding Ltd., a 50-50 joint venture between Leif Höegh & Co. Ltd. and Floating Infrastructure LP. Leif Höegh & Co. Ltd. is indirectly controlled by the third generation of the Høegh family, while. Floating Infrastructure LP is owned by funds managed by Morgan Stanley Infrastructure Holdings Inc.

Our asset base
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Strategy

Höegh LNG provides cost competitive and flexible LNG infrastructure that form the basis for energy security and independence and enables the transition to a low carbon future. Our critical LNG infrastructure allows all countries with a coastline to access global LNG markets. LNG can be sourced globally and shipped through specialised LNG carriers, which provide consumers of natural gas with an abundant sourcing flexibility compared to gas transported in fixed pipelines.

We drive technological and commercial innovation in our markets and continuously seek excellence in our operations to maximise value for our stakeholders while ensuring the welfare of the key and minimising the impact on the environment.

We create growth and value by offering a solution addressing three megatrends affecting global energy systems;

Energy security is a top geopolitical priority, where all nations require a robust plan for capacity of supply to meet current and future energy demand

Cost of energy, including universal access to affordable and abundant energy

Energy transition and changes to the energy mix to decarbonise energy systems and minimise potential environmental and climate change impacts

Our strategic beliefs, direction and ambitions consider the impact of these megatrends on Höegh LNG as a company and our industry. They guide how we develop to reach our full potential and generate long-term value. We plan to grow our LNG infrastructure business and innovate clean energy terminal solutions for emerging markets such as carbon capture and storage (CCS), ammonia, hydrogen and other segments – all supported by our world-class operations.

History

Executive management

Board of directors

Morten W. Høegh has served as chairman of Höegh LNG since 2006 and is a member of the company’s governance, compliance and compensation committee. Morten W. Høegh has served as a director of Höegh LNG Partners LP since 2014. He also serves as chairman of Leif Höegh (U.K.) Limited. Since 2003 he has been a director of Höegh Autoliners Holdings AS (and its predecessors Leif Höegh & Co. ASA, Leif Höegh & Co. Ltd. and Höegh Autoliners Ltd.). Morten W. Høegh is a director of Höegh Eiendom Holdings AS. He is a director and Chairman of Gard P&I (Bermuda) Ltd. and chairman of its risk and election and governance committees and a director and chairman of certain of its subsidiaries. He also serves as the Chairman of the West Europe committee of DNV. From 1998 to 2000, Morten W. Høegh worked as an investment banker with Morgan Stanley. He holds an MBA from Harvard Business School with High Distinction (Baker Scholar) and an MSc in Ocean Systems Management and a BSc in Ocean Engineering from the Massachusetts Institute of Technology. He is a Norwegian citizen and resides in the UK.

Leif O. Høegh has served as a director of Höegh LNG since 2006 and previously as deputy chairman and is a member of the company’s audit committee. He is also the chairman of Höegh Autoliners Holdings AS and Höegh Eiendom Holdings AS. Leif O. Høegh worked for McKinsey & Company and the Royal Bank of Canada Group. He holds an MA in Economics from the University of Cambridge and an MBA from Harvard Business School. Leif O. Høegh is a Norwegian citizen and resides in Norway.​

Martine Vice Holter has served as a director of Höegh LNG since May 2021. Martine Vice Holter has been the Chief Executive Officer of Hoegh Capital Partners (HCP) for over a decade. HCP is a family investment office co-located in London and Oslo which manages all of the investment interests of the Hoegh family. Martine Vice Holter oversees a multi-asset class investment portfolio which includes direct investments (both private and public) and financial assets (managed through in-house portfolio managers as well as allocations to third party fund managers). The group embraces an active ownership approach; she is shareholder representative and/or non-executive director on several direct investment boards in the portfolio. Sector focus includes: shipping and transportation; real estate; East Africa agriculture; and media. Corporate actions include: IPOs, M&A, fund-raisings, refinancing, restructurings. Born in Canada, Martine Vice Holter has lived and worked in the US, Asia and Europe and has experience working in Africa. Prior to HCP, she was Chief Operating Officer of Arts Alliance Advisors, a venture capital fund focused on early stage media and technology investments (from 2000- 2005). Previously, she worked as a management consultant at McKinsey & Company based in London where she focused on strategy, finance and organisation-building. She began her career in investment banking (corporate finance and M&A) with Goldman Sachs in New York followed by Hong Kong. Martine received her MBA from INSEAD (1994) and graduated with a Bachelor of Arts (Honours) joint in Economics and Political Science from Queen’s University, Canada. She is a dual Canadian and British citizen and resides in London.

Alberto Donzelli has served as a director of Höegh LNG since May 2021. Alberto Donzelli is a Managing Director and co-head of Europe for Morgan Stanley Infrastructure Partners (MSIP). Alberto worked in the investment banking businesses of UBS and Credit Suisse, where he was part of the European Utilities Group advising on numerous M&A transactions in Europe. Alberto holds a degree in Business Administration from Bocconi University.

Johan Pfeiffer has served as deputy chairman of Höegh LNG since May 2021. Johan Pfeiffer is a Managing Director and Operating Partner with Morgan Stanley Infrastructure Partners (MSIP). He serves on the board of several companies in the MSIP portfolio. Prior to Morgan Stanley, Johan Pfeiffer was the President for Europe, Latin America and Africa for Johnson Controls and previously Tyco. Prior to Johnson Controls, Johan Pfeiffer was a Vice President for FMC Technologies in Houston and General Manager and Managing Director in Kongsberg, Norway. Johan Pfeiffer was previously the Vice Chairman of the US Petroleum Equipment and Services Association. He holds an MBA from the Wharton School, an MA in International Studies from the University of Pennsylvania, and an MSC in Material Sciences Engineering from the Swiss Federal Institute of Technologies (EPFL).

John Kwaak has served as a director of Höegh LNG since May 2021. John is a Managing Partner of Zero Infinity Partners (ZIP), a firm he founded. ZIP is an investment firm focused on infra-tech, climate-tech, and sustainable real assets opportunities. Previously, John served as an Executive Director of Morgan Stanley Infrastructure Partners (MSIP) covering energy and transport sectors. Prior to that, he worked for Fortress Investment Group in their private equity division, and Evercore Partners in the Transportation & Infrastructure Group. He also served as First Lieutenant in the Republic of Korea Air Force. John received his MBA from the Wharton School of the University of Pennsylvania and an AB in Government from Harvard College.

Timothy Faries has served as a director of Höegh LNG since June 2022. Mr. Faries is a partner of Appleby (Bermuda) Limited in the Corporate department and a member of the Insurance team. Mr. Faries was Bermuda Office Managing Partner from 2015-2021. Mr. Faries is also Chief Executive Officer of Appleby Global Corporate Services. He has extensive experience of public and private insurance company capital raising and M&A activity, public listings on US, UK and European securities exchanges, the establishment and licensing of alternative risk financing vehicles such as cat bonds, ILWs and other insurance-linked securities and captive insurance companies in established and emerging markets.