Norway’s Hoegh LNG Holdings has appointed experienced shipping executive Erik Nyheim as its new chief executive.

He will replace interim CEO Thor Jorgen Guttormsen in mid-August.

Guttormsen stepped in when long-serving CEO Sveinung Stohle quit last year to join the Angelicoussis Group as deputy CEO.

Nyheim is currently managing director and partner of Boston Consulting Group’s (BCG) Norwegian office, where he has successfully led the US fund’s maritime practice since 2019.

Prior to this, he worked for more than 15 years with Norway’s Wilhelmsen group.

Nyheim holds a BSc in economics and business administration from the Norwegian School of Business and Administration (NHH) in Bergen.

Hoegh LNG chairman Morten Hoegh said he is pleased to welcome the new recruit at a very exciting time.

“He will bring important and relevant experience for the role as president and CEO, enabling us to successfully realise our vision of enabling the transition to clean energy,” he added.

Nyheim will take charge of a fleet of floating storage and regasification units (FSRUs) and LNG carriers.

The company is currently offering to take over US-listed spin-off Hoegh LNG Partners.

A ‘great honour’

Erik Nyheim is the new CEO of Hoegh LNG. He is currently a partner at Boston Consulting Group. Photo: LinkedIn

Nyheim said it is a “great honour” to be appointed.

“I am impressed by how the company has developed to become the world’s leading owner and operator of FSRUs and look forward to leading the next phase of the company’s development in a period when security of supply and energy transition are high on the agenda,” he added.

Nyheim’s experience includes car carriers and ro-ros, as well as shipping IPOs.

Hoegh LNG is owned by Larus Holding, a 50/50 joint venture between Leif Hoegh and Morgan Stanley Infrastructure Partners.