Maersk Investor Presentation Deck
Ocean highlights Q4 2019
Status on IMO 2020
19
Maersk positioning
• We fully support and comply with the regulations and the
operational switch to low sulphur fuel in December was successful.
Our fleet fully complies with the sulphur cap, with the vast majority
of vessels using low sulphur fuels. Scrubber technology is one
element of our sulphur cap strategy and the number of vessels
with scrubbers installed is currently limited.
●
Efforts to ensure availability and quality of the low sulphur fuels
has paid off as we have not had any quality or availability issues.
However, we have witnessed fuel prices strengthening well beyond
the movements seen in the underlying crude price.
Monthly review on BAF's and EFF's has led to announced tariff
increases of 50-200 USD per FFE effective 1 March due to the
increased fuel costs.
Continued strong focus on fuel efficiency to reduce consumption
and the environmental impact.
Annual Report 2019
USD/Tonne
800
700
600
500
400
300
200
100
0
jul-19
Development in bunker fuel prices
SIN VLSFO
aug-19
SIN IF0380
sep-19
Source: Bloomberg & Ship and Bunker
okt-19
ROT VLSFO
nov-19
dec-19
ROT IF0380
jan-20 feb-20
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