According to the initial agreement, the transaction is valued at US$188.7 million.
The Höegh Grace was constructed by Hyundai Heavy Industries and delivered to Höegh LNG on 30 March 2016. The vessel is scheduled to service a new LNG import terminal in Cartagena, on the Atlantic coast of Colombia, under an International Leasing Agreement with Sociedad Portuaria El Cayao S.A. E.S.P.
