Maersk Investor Presentation Deck
Terminals & Towage - highlights Q2 2020
Margin improvements from strong focus on cost efficiencies
ā
ā
18
Gateway terminals volumes declined 14% (like-for-like
-16%), driven by COVID-19 impacts, with significant
variations across regions.
Volumes from external customers decreased by 17%,
while volumes from Ocean decreased by 7.1%, leading to
a 15%-points decrease in utilisation to 64%.
Revenue per move increased 4.5% to USD 278 mainly
driven by higher storage income, while cost per move
increased 4.0% to USD 251 due to lower volumes, as total
operating cost declined 14%.
In Towage the Harbour towage activities decreased driven
by lower activity in Australia and UK, while EBITDA was
significantly improved.
Q2 2020 interim report
USDm
200
180
160
140
120
100
80
60
40
20
0
184
EBITDA
Q2 2019
-64
Volume
effect
Gateway EBITDA bridge
18
Volume mix
effect
16
Storage and
non-storage
revenue
effect
32
Cost and
Other, incl.
one-off's
186
EBITDA
Q2 2020
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