Hoegh LNG Partners said a large shareholder has nearly doubled its stake in the company and revealed a significant dividend hike.
In a Friday regulatory filing, the New York-listed regasification vessel owner said funds associated with Oceanic Investment Management had acquired an additional 948,000 shares in the company. That brings Oceanic’s stake to just over 15% versus a previously reported 10.1%.
Ocean Investment Management is part of Tufton Oceanic, which is a fund manager and advisory for maritime and related investments.
