About

Camilla Nyhus-Møller has been at Höegh for almost 10 years. ‘When I started working in the Höegh Group in 2006, Höegh LNG was not established as a separate company. As of 2010, I became the only lawyer employed by Höegh LNG. Since then, I have established a legal and compliance department for the newly-created Höegh LNG Group’. Höegh LNG has raised USD 1.8 billion in equity, bond and debt transactions, including the establishment of, and listing on NYSE, of a Master Limited Partnership. ‘When I joined Höegh LNG from a major law firm in Norway, I had been working on shipping related transactions mostly related to contract law. In Höegh LNG, I have been given the opportunity to not only work on the contract side of the projects and financing, but also being the company’s counsel on corporate and capital market transactions’. In addition, Nyhus-Møller is in the process of hiring a legal maritime trainee on a program initiated by the Norwegian Ship-owner Association. She says her biggest achievement in her career so far is the structuring and establishment of Höegh LNG Partners LP (MLP) and its initial public offering (IPO) in 2014, as this was a relatively unknown structure in the Norwegian market. The IPO required co-ordination of lawyers from eight jurisdictions facilitating the establishment of the structure and the transfer of the IPO fleet of three vessels from the sponsor Höegh LNG Holdings Ltd. to the MLP. The MLP IPO was the best priced shipping IPO and was recently awarded the Offshore Marine Money IPO award. The MLP currently has a market capitalisation of USD 550 million. During the same time, the company has grown to be one the world’s biggest provider of FSRUs (Floating Storage Regasification Units), now with eight FSRU new buildings delivered and on order. The delivered vessels are on long term charters and have commenced operation in China, Indonesia, Lithuania and Egypt and are planning start-up in Colombia as of next year and later in Chile. This expansion will continue to bring new challenges for Nyhus-Møller and her team.