Maersk Results Presentation Deck
A.P. Moller Maersk Group
- Interim Report 02 2015
Contents
GL
Cart C
MAERS
Cash flow from operating activities was USD 873m (USD 870m)
and cash flow used for capital expenditure was USD 861m (USD
488m) leaving a free cash flow of USD 12m (USD 382m). The high
capital expenditure in 02 2015 was mainly due to delivery of the
last five of the 20 first generation Triple-E vessels.
By the end of 02, the Maersk Line fleet consisted of 278 owned
vessels (1.8m TEU) and 341 chartered vessels (1.3m TEU) with a
total capacity of 3.1m TEU. The before mentioned last five first
generation Triple-E vessels have a capacity of 90,000 TEU.
Maersk Line signed a contract for delivery of 11 second gener-
ation Triple-E vessels with a capacity of 19,630 TEU each and
with an option for six vessels more, at the beginning of June.
Delivery is scheduled to take place in 2017-18.
Maersk Line's nominal fleet capacity increased by 5.0% and
the average vessel size increased by 3.2% compared to 01 2015.
Compared to 02 2014 the nominal fleet capacity has increased
by 11.3%. Idle capacity at the end of 02 was 10,000 TEU (three
vessels) versus 19,000 TEU (four vessels) at the end of 02 2014.
Maersk Line's idle capacity corresponds to around 3% of total
idle capacity in the market.
The global container fleet has grown by 8% compared to 02
2014 and at the end of 02 2015 it stood at around 19m TEU of
which 2% were idle. Deliveries amounted to 465,000 TEU (51
vessels) and 27,000 TEU (19 vessels) were scrapped during 02
2015. During the same period 735,000 TEU (60 vessels) of new
capacity were ordered, lifting the order book to around 21% of
the fleet (Alphaliner).
MAERSK LINE
Maersk Line is enabling
trade in Lagos, Nigeria.
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