APMM Q2 2023 Financial Results
•
Ocean highlights Q2 2023
Cost containment led to decrease of unit cost
Operating costs decreased by 17% driven by lower bunker
prices and lower container handling costs
3,000
Total bunker costs decreased 34% to USD 1.4bn, driven by a
28% decrease in average bunker price to USD 592 per tonne
and an 8.3% decrease in bunker consumption
2,000
Operating costs excluding bunker decreased by 11% (year
over year) and 1% (sequentially) to USD 5.0bn, which
combined with 6.1% lower volumes, led to a unit cost at fixed
bunker of USD 2,389, equivalent to a decrease of 1% (year
over year) and 6% (sequentially)
16
APMM Q2 2023 Financial Results
1,000
0
Q2 21
Q3 21
USD/FFE
4,000
* Fixed bunker price of 550 USD/FFE
Q4 21
Q1 22
Q2 22
Q3 22
22
Unit cost, fixed bunker* (lhs)
-
Loaded FFEK (rhs)
Q4 22
Q1 23
Q2 23
MAERSK
Loaded FFEK
4,000
3,000
2,000
1,000View entire presentation