APMM FY & Q4 2023 Financial Results
Ocean Fourth quarter 2023
Unit costs (USD per FFE) decreased throughout 2023
.
Operating costs decreased by 3.2% driven by lower bunker
USD/FFE
prices, lower container handling costs and lower slot charter
4,000
costs
.
Total bunker costs decreased by 10% to USD 1.6bn, driven by
a 9.0% decrease in average bunker price to USD 655 per
tonne and a 1.3% decrease in bunker consumption
3,000
2,000
Operating costs excluding bunker decreased by 0.9% (year
over year), which combined with 11% higher volumes, led to a
unit cost at fixed bunker of USD 2,280, equivalent to a
decrease of 13.6%. Sequentially, unit cost at fixed bunker
decreased by 0.3%
17
APMM FY & Q4 2023 Financial Results
1,000
0
Q2 20
Q3 20
Q4 20
Loaded FFEK
3,500
3,000
2,500
2,000
1,500
1,000
500
σ ≈ 1 ☎ ~ ~ 1 & ~ ~ T
Unit cost, fixed bunker*
Loaded FFEK
* Fixed bunker price of 550 USD/FFE
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