Maersk Investor Presentation Deck slide image

Maersk Investor Presentation Deck

Ocean highlights Q4 2020 Operational challenges led to higher cost • Container handling costs increased due to higher volumes and bottlenecks in the supply chains, particular in the terminals, which led to a slight increase in total operating cost, to USD 6.0bn, partly offset by lower bunker cost and lower SG&A. ● ● 16 Unit cost at fixed bunker increased by 2.1% mainly driven by higher container handling costs, one-offs and adverse FX effects. Total bunker cost decreased 14% as the average bunker price decreased 16% to USD 323 per ton and bunker consumption increased 2.2% impacted by higher volumes and less efficiency in the network and increase in average speed. Annual Report 2020 Unit cost at fixed bunker* increased by 2.1% to 1,987 USD/FFE Bunker efficiency worsened by 0.2% Bunker cost decreased to USD 0.9bn (USD 1.1bn) * Fixed bunker price of 450 USD/FFE Unit cost at floating bunker price was 1,881 USD/FFE (1,890 USD/FFE) Utilisation on the deployed capacity increased to a record level of close to 96% SG&A decreased by USD 42m to USD 750m (USD 792m) MAERSK
View entire presentation