12.09.2002

LNG NEWBULDING

Leif H÷egh & Co ASA (LHC) and Mitsui O.S.K. Lines, Ltd. (MOL) are pleased to announce that they, through a joint venture company, have ordered a 145,000 m3 LNG carrier at Mitsubishi Heavy Industries, Ltd. The vessel will be delivered in January 2006.
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22.07.2002

LHC aid to Africa

Leif H÷egh & Co ASA has agreed to transport about 250 trucks and trailers from Drammen in Norway to Durban in South Africa for the International Red Cross and Red Crescent organisation, who will use these for the distribution of food in Zimbabwe, Malawi, Zambia, Lesotho, Mozambique and Swaziland.
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04.06.2002

Sn°hvit LNG vessel no. 1 is unconditional !

ESA agreed on the use of a controversial tax scheme in the development of the Sn°hvit LNG project.
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24.04.2002

AIRBUS, LOUIS DREYFUS ARMATEURS (S.N.C.) AND LHC

Finalisation of contract for the transportation of AIRBUS' A 380 Components.
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24.04.2002

1st QUARTER 2002

- Operating profit before sales gain and depreciation increased by 25% to USD 42 million - Profit before tax increased by 124% to USD 21 million - Cooperation agreement with Saga Forest Carriers within the open hatch segment - Net profit per share increased by 91% to USD 0.63 - Cash flow per share increased by 191% to USD 1.31
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20.03.2002

REPURCHASE OF OWN SHARES

Leif H÷egh & Co ASA has on 19 March 2002, bought a total of 15,990 shares of its own shares at an average price of NOK 91.5 per share. Following the purchase, the company holds a total of 3,262,500 of its own shares, representing 10.00% of the share capital.
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14.03.2002

HÍEGH LINES TO JOIN FORCES WITH SAGA FOREST CARRIERS

H÷egh Lines, on behalf of Leif H÷egh & Co Shipping AS (LHS), have reached an agreement with Saga Forest Carriers, to join forces as from May 1, 2002 within the worldwide open hatch shipping segment.
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08.03.2002

Sn°hvit

The majority of the Norwegian parliament Stortinget voted positive for the development of the Sn°hvit field. Concession is the next important step.
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17.01.2002

LNG newbuilding for Sn°hvit

Leif H÷egh & Co ASA (LHC) and Mitsui O.S.K. Lines Ltd. (MOL) have today, through a joint venture company, entered into an agreement with Mitsubishi Heavy Industries, Ltd., for the construction of a 145 000m3 LNG carrier for the transportation of liquefied natural gas
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17.01.2002

Reefer sale

The reefer vessel Spring Bride (470.000 cbft), built in 1984, is sold to Del Monte Fresh Produce on private terms. The vessel is expected delivered to new owner on 10 February 2002.
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