DOCSLIB.ORG

Mitsui O.S.K. Lines, Ltd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Mitsui O.S.K. Lines, Ltd May 2005 Mitsui O.S.K. Lines, Ltd. http://www.mol.co.jp/ir-e/ 1 MMOOLL GGrroouupp CCoorrppoorraattee PPrriinncciipplleess MOL Group Corporate Principles 111... AAAsss aaa mmmuuullltttiii---mmmooodddaaalll tttrrraaannnssspppooorrrttt gggrrrooouuuppp,,, wwweee wwwiiillllll aaaccctttiiivvveeelllyyy ssseeeiiizzzeee oooppppppooorrrtttuuunnniiitttiiieeesss ttthhhaaattt cccooonnntttrrriiibbbuuuttteee tttooo ggglllooobbbaaalll eeecccooonnnooommmiiiccc gggrrrooowwwttthhh aaannnddd dddeeevvveeelllooopppmmmeeennnttt bbbyyy mmmeeeeeetttiiinnnggg aaannnddd rrreeessspppooonnndddiiinnnggg tttooo ooouuurrr cccuuussstttooommmeeerrrsss’’’ nnneeeeeedddsss tttooo ttthhhiiisss nnneeewww eeerrraaa 222... WWWeee wwwiiillllll ssstttrrriiivvveee tttooo mmmaaaxxxiiimmmiiizzzeee cccooorrrpppooorrraaattteee vvvaaallluuueee bbbyyy aaalllwwwaaayyysss bbbeeeiiinnnggg cccrrreeeaaatttiiivvveee,,, cccooonnntttiiinnnuuuaaallllllyyy pppuuurrrsssuuuiiinnnggg hhhiiiggghhheeerrr ooopppeeerrraaatttiiinnnggg eeeffffffiiiccciiieeennncccyyy aaannnddd ppprrrooommmoootttiiinnnggg aaannn ooopppeeennn aaannnddd vvviiisssiiibbbllleee mmmaaannnaaagggeeemmmeeennnttt ssstttyyyllleee ttthhhaaattt iiisss ggguuuiiidddeeeddd bbbyyy ttthhheee hhhiiiggghhheeesssttt eeettthhhiiicccaaalll aaannnddd sssoooccciiiaaalll ssstttaaannndddaaarrrdddsss 333... WWWeee wwwiiillllll ppprrrooommmooottteee aaannnddd ppprrrooottteeecccttt ooouuurrr eeennnvvviiirrrooonnnmmmeeennnttt bbbyyy mmmaaaiiinnntttaaaiiinnniiinnnggg ssstttrrriiicccttt,,, sssaaafffeee ooopppeeerrraaatttiiiooonnn aaannnddd nnnaaavvviiigggaaatttiiiooonnn ssstttaaannndddaaarrrdddsss Long-Term Vision To make the MOL Group an excellent and resilient organization that leads the world shipping industry Forward-Looking Statements This Investor Guidebook contains forward-looking statements concerning MOL’s future plans, strategies and performance. These statements represent assumptions and beliefs based on information currently available and are not historical facts. Furthermore, forward-looking statements are subject to a number of risks and uncertainties that include, but are not limited to, economic conditions, worldwide competition in the shipping industry, customer demand, foreign currency exchange rates, price of bunker, tax laws and other regulations. MOL therefore cautions readers that actual results may differ materially from these predictions. ＝ Contenｔs ＝ MOL Group Corporate Principles / Long-Term Vision 1. MOL at a glance ① The MOL Group Business Performance (FY1994 – FY2006) 2 ② Reinforce Cost Competitiveness 2 ③ The MOL Group Debt/Equity (FY1994-2006) 3 ④ Shareholders’ Equity per Share, Earning per Share and Dividend per Share 3 ⑤ Consolidate Revenue/Income Portfolio by Segments 4 ⑥ Fleet Composition (at the end of March 2005; Including spot chartered vessels 4 ⑦ World Major Carriers Fleet Size Ranking All Vessel Types 5 Dry Bulkers 5 Tankers 5 LNG Carriers 6 Car Carriers 6 Container Capacity by Alliance Group 6 Container Capacity by Company 6 2. MOL STEP ・ MOL Mid-term Management Plan 7 ・ MOL STEP REVIEW May 2005 8 3. Seaborne Trade － the World － 12 4. Seaborne Trade － Japan － 16 5. Financial Data ① Profitability Indexes [Consolidated] ROE/ROA 17 [Consolidated] Profit Margin Ratio (Ordinary Income) 17 [Consolidated] Assets Turnover 17 ② Stability Indexes [Consolidated] Assets and Equity 18 [Consolidated] Interest Coverage Ratio 18 ③ Growth/Share Price Indexes [Consolidated] EV/EBITDA 18 [Consolidated] Cash Flow per Share 19 ・ [Consolidated] Revenues by Segment 19 ・ [Consolidated] Financial Statements 20 ・ [Consolidated] Segment Information (FY 2003-2004) 21 ・ [Consolidated] Segment Information (FY 1994-2003) 21 ・ [Non-Consolidated] Financial Statements 21 Corporate Governance 22 Compliance 23 Safe Operation / Environment / CSR (Corporate Social Responsibility) 23 Evaluation by the Third Parties on Environment/CSR 24 Credit Ratings (FY2003) 24 Share Prices 1993-2003 24 Shareholder Information MOL Group IR Tools 1. MOL at a glance ① The MOL Group Business Performance (FY1994-2006) Ordinary income/Net income Revenues（bil. yen） (bil. yen) 2,300 Revenues Net income Ordinary income As of March 2005 230 220 2,100 Plan ・ Target 210 1,900 190 190 1,700 180 170 175 1,600 1,500 150 1,173 1,250 1,300 1,210 130 130 122 1,100 JUMP 110 113 997 900 98 90 882 888 904 910 91 835 809 700 778 70 635 662 500 50 53 55 37 300 33 30 29 22 100 10 5 6 878111112 15 ▲ 2 1 6 4 -100 ▲ -10 FY1994 FY1995 FY1996 FY1997 FY1998 FY1999 FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2009 Merge with NAVIX MOCAR90’s MORE21 MOST21 MOL next MOL STEP FY1994 FY1995 FY1996 FY1997 FY1998 FY1999 FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006-2009 Average Exchange Rate 100 96 112 123 130 112 110 125 122 114 108 105 100 (￥/＄) Average Bunker Price 102 108 116 105 80 117 159 136 163 178 193 250 200 ($/KT) ② Reinforce Cost Competitiveness (bil. yen) 0 8 8 10 14 17 20 15 13 8 10 28 26 17 18 22 26 60 41 37 -50 51 57 58 69 86 86 -100 92 Boost profitability 102 108 112bil.yen -150 145 Accumulated cost reduction 165 Special losses of the fiscal year 180 Accumulated special losses to previous fiscal year 193 -200 *Cost reduction amounts shown as minus quantities. 219bil. Yen -250 9 1 3 9 0 0 lan) 1997 19 20 20 2004 Plan) P Y1995 Y2000 Y2002 （ （ FY1994 F FY1996 FY FY1998 FY F FY F FY FY 2006 Y2005 Y F F Interest-bearing Debt Regain healthy P/L & B/S April 1999 ・Operating income≒Ordinary income (Merge with Navix) 985 bil. yen ≒Income before income taxes & minority interests End of FY2003 492 bil. yen ・No bad assets remain 2 (billion yen) ③ The MOL Group Debt/Equity (FY1994-2006) 1,000 38% 40% Interest-bearing debt Shareholders' equity Equity ratio 900 943 898 35% 857 31% 800 834 782 30% 749 700 745 24% 668 25% 600 22% 613 500 20% 514 16% 492 489 15% 400 440 13% 13% 15% 12% 12% 12% 388 11% 11% 380 300 298 10% 200 222 167 165 5% 138 152 100 119 124 129 141 144 0 0% FY1994 FY1995 FY1996 FY1997 FY1998 FY1999 FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 Merge with NAVIX (Plan) (Plan) MOCAR90’s MORE21 MOST21 MOL next MOL STEP ④ Shareholders’ Equity per Share, Earning per Share and Dividend per Share Shareholders' equity per share Earni ng pe r share Dividend per Share(non-consolidated) (yen) (yen) 90 270 80 240 210 70 180 60 150 50 120 40 (Reference) Nashionality Ratio of Seafarers on MOL 90 30 Operated/Managed Financed Ships equity Shareholders' 60 20 Earning/Dividend (excl. chartered vessels) 30 10 Others, 10% 0 0 Indonesia, , FY1994 FY1995 FY1996 FY1997 FY1998 FY1999 FY2000 FY2001 FY2002 FY2003 FY2004 Europe, 5% 30% -30 -10 3% Japan, 5% India, 10% 3% 2% 16% 5% Phillippines, 67% 44% As of Jul.,2004 Cf. As of Jan.,1995 (Total Approx. 5,700) (Total approx. 4,300) 3 ⑤ Consolidated Revenue/Income Portfolio by Segments FY2004 Consolidated Revenue Others Ferry/Domestic Associated 1% Total 1,173 billion yen S hipping Businesses 6% 4% Logistics 5% Car Carriers 11% Ferry/Domes tic Associated Shipping Businesses 0% 3% Others Logis tics Dry Bulkers 1% Bulkships 1% 24% 51% Containerships 34% Tankers 11% Containerships LNG Carriers 31% 5% Burkships 64% FY2004 Consolidated Ordinary Income Total 175 billion yen ⑥ Fleet Composition (at the end of March 2005; Including spot chartered vessels) Consolidated Non-Consolidated No. of vessels 1,000dwt No. of vessels 1,000dwt Containerships 78 3,251 74 3,148 Cape size 83 13,910 83 13,910 Bulkers Others 112 6,268 112 6,268 Dry Bulkers Wood chip carriers 36 1,663 36 1,663 General cargo carriers 42 482 9 180 (Sub total) 273 22,324 240 22,021 Car carriers 84 1,232 84 1,232 Crude oil tanker 36 8,879 36 8,879 Product tanker 30 1,670 30 1,670 Tankers Chemical tanker 64 1,453 15 621 LPG/Ammonia carrier 72337233 (Sub total) 137 12,235 88 11,403 LNG carriers 34 2,287 25 1,704 Cruise ships 1 5 1 5 Ferry/Domestic transport 37 140 4 23 Others 2 13 2 13 Total 646 41,487 518 39,548 Tugboats 0 Grand total 0 4 ⑦ World Major Carriers Fleet Size Ranking (excluding spot-chartered vessels) All Vessel Types (Consolidated/Chartered vessels excluded; as of January 2005) (million dwt) 0 5 10 15 20 25 30 MO L(Japan） COSCO(China) NYK（ Japan） Frontline(Norway) Ofer Group (Israel) World-wide(Hong Kong) KL（ Japan) AP Moller (Denmark) million dwt Number of vessels 0 100 200 300 400 500 600 700 (number of vessels) Source: Lloyds Register Fairplay, Clarkson (1000 dwt) 12,000 9,827 10,000 Dry Bulkers (as of January 2005） 8,022 8,000 6,413 5,957 6,000 4,000 3,475 3,313 3,020 2,934 2,910 2,717 2,000 0 MOL NYK K Line Zodiac K.G . Jebsen Hanjin Shpg Marmaras Nav. Nissen Kaiun STX Pan Ocean World-Wide (1000 dwt) 20,000 Sourse: Clarkson Bulkcarrier Register 2004 18,000 17,580 16,000 Tankers (as of January 2005) 14,000 12,343 12,000 9,721 10,000 7,721 8,000 6,770 6,594 6,577 6,438 6,054 6,020 6,000 4,000 2,000 0 Frontline MOL Teekay NYK Zodiac OSG Vela Int'l World-Wide Angelicoussis Nat. Iranian Group Oil Sourse: Clarkson5 Tanker Register 2005 (number of vessels) 35 31 LNG Carriers (as of April 2005) 30 26 25 20 20 14 15 11 10 5 *Fleet under its management or more than 50% of ownership **MOL already secured 63 vessels of the total about 280 in the world 0 MOL ** Shell MISC NYK Golar LNG including the ones to be delivered by the end of 2009. Source: Barry Rogliano Salles etc. （number of vessels ） (as of April 2005) 90 83 Car Carriers 80 73 70 70 65 60 53 50 40 27 30 20 10 0 NYK MOL EUKOR K Line WWL HOEGH * MOL internal calculation based on HESNES December 2004 data etc. (1000TEU) Yearly Container Capacity by Alliance Group (as of April 2005) 4,500 4,273 4,000 Trans-Pacific Asia/Europe(excl. MED） 3,500 3,000 2,839 2,606 2,500 2,236 1,944 2,000 1,839 1,662 1,563 1,500 1,184 1,000 705 500 0 TNWA Grand Alliance CHKY Alliance Maersk Sealand Evergreen/LT (1000TEU) Source: MDS Transmodal "Containership Databank" April 2005 1,000 (MOL/APL/HMM) 900 859 800 Company Containership Fleet by TEU Capacity (as of April 2005) 700 647 600 500 410 408 400 339 301 282 280 300 235 231 225 211 200 187 172 200 152 145 118 92 100 0 C L N D S G M AP JI NYK MOL ZIM HAI PONL CGM CSCL OOCL LINE OYD COSCO K- LL AN EALAN HAN S HYUNDAI W CMA- AG- RGREEN/LT YANG MIN VE HAP ERSK E HAMBURG-SUD A M Source: MDS Transmodal "Containership Databank" April 2005 6 2.
Load more

Recommended publications
  • APL (Also See ANL & CMA) MC's Need to Call Equipment Control on Waivers Or RRG Approvals 757/961-2574 Dispute Contact PSW
    Frequently Called Equipment Providers as of 09/16/2021 and how they receive updates APL (also see ANL & MC’s need to call Equipment Control on Waivers or RRG 757/961-2574 Internet CMA) Approvals Dispute Contact [email protected] 866/574-1364 Equipment East [email protected] 757/961-2102 Atlanta, Baltimore, Boston, Buffalo, Charleston, Charlotte, Greensboro, Greer, Jacksonville, Memphis, Miami, Nashville, New York, Norfolk, Philadelphia, Pittsburgh, Richmond, Savannah, Tampa. Equipment Midwest & [email protected] 757/961-2105 Gulf Chicago, Cincinnati, Cleveland, Columbus, Dallas, Detroit, Houston, Indianapolis, Kansas City, Loredo, Louisville, Minneapolis, Mobile, New Orleans, Omaha, Rochelle, San Antonio, Santa Teresa. Equipment West [email protected] 602/586-4940 Denver, Long Beach, Los Angeles, Oakland, Phoenix, Portland, Salt Lake City, Seattle, Tacoma. Special Equipment (US) [email protected] 757/961-2600 Equipment Canada (Dry & [email protected] 514/908-7866 Special) Calgary, Edmonton, Halifax, Montreal, Prince George, Prince Rupert, Saskatoon, St. John/New Brunswick, Toronto, Vancouver, Winnipeg. LAX/LGB [email protected] Or [email protected] 562/624-5676 Long Beach, Los Angeles. City Code for Emails- Dallas: USDAL-El Paso: USELP-Houston: USHOU- Mobile: Please add City Code to USMOB- New Orleans: USMSY- San Antonio: USSAT- Santa subject line on your Tereas: USSXT emails for CMA and APL Atlanta:USATL-Baltimore:USBAL-Boston:USBOS- Bessemer:USBMV-Buffalo: USBUF-Chicago:USCHI- Cincinnatti:USCVG-Charleston:USCHS-Charlotte:USCLT- Cleveland: USCLE-Columbus:USCMH-Denver:USDEN- Detroit: USDET-Greensboro: USGBO-Indianapolis: USIND- Jacksonville:USJAX-Joliet: USJOT-Kansas City:USKCK- Laredo:USLRD-Louisville:USLUI-Los Angeles:USLAX- Memphis:USMEM-Miami:USMIA-Minneapolis:USMES- Nashville:USBNA-New York:USNYC-Norfolk:USORF- Oakland:USOAK-Omaha:USOMA-Phildelphia:USPHL- Phoenix:USPHX-Pittsburgh:USPIT-Portland:USPDX-Salt Lake City: USSLC-Savannah:USSAV-Seattle:USSEA-St.
    [Show full text]
  • FORM 20-F ZIM Integrated Shipping Services Ltd
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number: 001-39937 ZIM Integrated Shipping Services Ltd. (Exact name of Registrant as specified in its charter) State of Israel (Jurisdiction of incorporation or organization) 9 Andrei Sakharov Street P.O. Box 15067 Matam, Haifa 3190500, Israel (Address of principal executive offices) Noam Nativ EVP, General Counsel & Company Secretary 9 Andrei Sakharov Street P.O. Box 15067 Matam, Haifa 3190500, Israel [email protected] +972-4-8652170, +972-4-8652990 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Ordinary shares, no par value “ZIM” The New York Stock Exchange Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 10,000,000 as of December 31, 2020 (115,000,000 as of March 1, 2021) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • Zim Vessel Schedule Port to Port
    Zim Vessel Schedule Port To Port Rustless Torr range agreeably and hooly, she sorn her glut bunch tout. Francis remains minatory: she schools her dibbers mumbled too bluely? Clouded and soldierlike Gardener tub his steak tickle knuckled untunefully. Initiate all on this challenging business editing and rise, zim to get prompt and logistics What information in port schedule too many other way to serve a vessel is chief engineer on us. Strongly advise legal counsel for everybody. Please try again in port schedule too, vessel turnaround at. Pacific has multiple item carousels. But believed to. Add to the port schedule search for analytics and more of his experience and sunda straits, zim continued to buy be accepted prior to the us. Fmcg sector offering integrated yacht hits a vessel is arranging for? BollorÉ logistics improves supply vessels is intended to unload the vessel. Gold star line vessels as a resolution from: is required to be investigated promptly and in sports logistics korea to. True experts here on the vessel continues on sea, zim continued to be investigated promptly and provide its an issue warnings on adoption of tennessee. Sad state palau international moving forward with all aui js. Oaktree affiliate fleetscape capital investment and may be found. Is always striving to higher rates and this information that this as his daughter anette olsen, zim integrated shipping and around profitability of specialised contract! With a scalable protective service you now, no fluke and resources to. Built as global industry where you like twistlocks and rise of vessels. We should regional hubs for potash and he is a data do you will need, and been declining.
    [Show full text]
  • FEDERAL MARITIME COMMISSION Notice of Agreements Filed
    This document is scheduled to be published in the Federal Register on 07/07/2016 and available online at http://federalregister.gov/a/2016-16011, and on FDsys.gov FEDERAL MARITIME COMMISSION Notice of Agreements Filed The Commission hereby gives notice of the filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments on the agreements to the Secretary, Federal Maritime Commission, Washington, DC 20573, within twelve days of the date this notice appears in the Federal Register. Copies of the agreements are available through the Commission’s website (www.fmc.gov) or by contacting the Office of Agreements at (202)- 523-5793 or [email protected]. Agreement No.: 011426-062. Title: West Coast of South America Discussion Agreement. Parties: CMA CGM S.A.; Hamburg-Süd; Mediterranean Shipping Company, SA; and Seaboard Marine Ltd. Filing Party: Wayne R. Rohde, Esq.; Cozen O’Conner; 1200 Nineteenth Street NW; Washington, DC 20036. Synopsis: The amendment deletes Hapag-Lloyd as a party to the Agreement, and reflects the recent resignation of Trinity Shipping Line as a party to the Agreement. Agreement No.: 012109-001. Title: CSAV/Hoegh Autoliners Mexico/USA Space Charter Agreement. Parties: Compania Sud Americana De Vapores S.A. and Hoegh Autoliners AS. Filing Party: Wayne Rohde, Esq.; Cozen O’Connor; 1200 Nineteenth Street NW; Washington, DC 20036. Synopsis: The amendment adds Colombia, Ecuador, Peru, and Chile to the geographic scope of the Agreement, corrects the addresses of the Parties, and adds a new Article 11 to the Agreement. Agreement No.: 012200-003. Title: G6/Zim Transpacific Vessel Sharing Agreement.
    [Show full text]
  • Introduction to Intermodal Industry
    Intermodal Industry Overview - History of Containers and Intermodal Industry - Intermodal Operations - Chassis and Chassis Pools TRAC Intermodal Investor Relations 1 Strictly Private and Confidential Index Page • History of Containers and Intermodal Industry 4 • Intermodal Operations 13 • Chassis and Chassis Pools 36 2 Strictly Private and Confidential What is Intermodal? • Intermodal freight transportation involves the movement of goods using multiple modes of transportation - rail, ship, and truck. Freight is loaded in an intermodal container which enables movement across the various modes, reduces cargo handling, improves security and reduces freight damage and loss. 3 Strictly Private and Confidential Overview HISTORY OF CONTAINERS AND INTERMODAL INDUSTRY 4 Strictly Private and Confidential Containerization Changed the Intermodal Industry • Intermodal Timeline: – By Hand - beginning of time – Pallets • started in 1940’s during the war to move cargo more quickly with less handlers required – Containerization: Marine • First container ship built in 1955, 58 containers plus regular cargo • Marine containers became standard in U.S. in 1960s (Malcom McLean 1956 – Sea Land, SS Ideal X, 800 TEUs) • Different sizes in use, McLean used 35’ • 20/40/45 standardized sizes for Marine 5 Strictly Private and Confidential Containerization Changed the Intermodal Industry • Intermodal Timeline: – Containerization: Domestic Railroads • Earliest containers were for bulk – coal, sand, grains, etc. – 1800’s • Piggy backing was introduced in the early 1950’s
    [Show full text]
  • Presentación De Powerpoint
    Roadshow Presentation Preemptive Rights Offering October 2017 Disclaimer The information hereby contained is a brief description of the characteristics of the issuance and of Compañía Sud Americana de Valores S.A. (“CSAV”), not comprising all necessary information to make an investment decision. More information is available at CSAV headquarters, Credicorp Capital S.A. Corredores de Bolsa offices, Banchile Corredores de Bolsa S.A. offices and BTG Pactual Chile S.A. Corredores de Bolsa offices (the “Placement Agents”) and at Superintendencia de Valores y Seguros, as well as in our website www.csav.com. Dear investor: Before making an investment, you should be fully informed about the financial condition of CSAV and evaluate the convenience of acquiring these securities. The Placement Agents shall provide the investors with the information contained in the Prospecto filed in the Registro de Valores of the Superintendencia de Valores y Seguros, before you make your investment. This offer is only registered in Chile under the laws and regulations of Chile and it shall not be deemed made in any other jurisdiction than Chile. 2 The offer: summary of offering terms Issuer . Compañía Sud Americana de Vapores S.A. (“CSAV”) Symbol / listing . Vapores / Santiago Stock Exchange Offering type . 100% preemptive rights offering of common shares Base offering type . Rights offering of 6,100,000,000 shares (approx. USD 294 million(1)) . Subscription price of CLP 30.55 per share . Two subscription periods: Subscription rights . period 30-day preemptive rights period . Subject to the board’s decision, potential 6-day second subscription period and potential subsequent 6-day subscription periods and/or private placement of shares on the Santiago Stock Exchange(2) .
    [Show full text]
  • Container Line ZIM Goes to Wall Street: Will IPO Stars Align?
    4.1.2021 Container line ZIM goes to Wall Street: Will IPO stars align? Container line ZIM goes to Wall Street: Will IPO stars align? As predicted, Israeli liner ZIM files registration for NYSE IPO Greg Miller, Senior Editor Sunday, January 3, 2021 0 755 6 minutes read ZIM is seeking to go public (Photo: Flickr/Daniel Ramirez) Listen to this article 10:38 There’s no end in sight for the record-breaking trans-Pacific container freight market boom. Now, there could be a new, more direct way for traders and investors to bet on this ultra-hot market. Israeli liner operator ZIM has just filed for an initial public offering (IPO) and New York Stock Exchange (NYSE) listing. This marks the fourth attempt to bring ZIM public since the Ofer family took the carrier private in 2004. As with the rest of the container industry, ZIM has traveled a rocky road over the past decade. It was forced into two major restructurings of its debt and ship leases, one during the financial crisis and one in 2015. But the fourth time could finally be the charm for the IPO. As reported by American Shipper several days before the ZIM filing, there has not been a successful shipping IPO in the U.S market since 2015, yet ZIM appears the most likely to break the losing streak. Given today’s unprecedented rate froth, the trans-Pacific container trade, the timing couldn’t be better. https://www.freightwaves.com/news/container-line-zim-goes-to-wall-street-will-ipo-stars-align?utm_source=piano&utm_medium=email&utm_campaign… 1/6 4.1.2021 Container line ZIM goes to Wall Street: Will IPO stars align? Direct exposure to trans-Pacific Almost all U.S.-listed container stocks are companies that lease ships or boxes to liners.
    [Show full text]
  • Bringing Value to Life. Nippon Yusen Kabushiki Kaisha
    Bringing value to life. Nippon Yusen Kabushiki Kaisha Nippon Yusen Kabushiki Kaisha Kabushiki Nippon Yusen NYK Report 2018 NYK Report 2018 3-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-0005, Japan Telephone: +81-3-3284-5151 Website: https://www.nyk.com/english/ Printed in Japan Contents Contents/Evaluation from Society 2 Toward Sustainable Growth (Material Issues) 30 Materiality 1 Safety NYK Group at a Glance 4 Initiatives for Safe Operation 32 Materiality 2 The Environment OurWHY purpose in society What Has the NYK Group Accomplished? 4 Proactive Environmental Conservation 36 Materiality 3 Human Resources What Has the NYK Group Been Doing in Utilizing/Strengthening Human Capital 40 Recent Years? 6 Environment, Social, and Governance(ESG) Data Schematic Diagram of 44 the New Medium-Term Bringing value to life. What Is the NYK Group Pursuing Now? 8 Toward Sustainable Growth Management Plan What Is the NYK Group Aiming to Accomplish? 10 (Strategy by Business) 46 At a Glance 46 Global Logistics 48 Our Mission Moving Ahead with Bulk Shipping Business 52 Our Management Plan 12 Others 58 OurWHAT aspirations over the next 10 years 10-year Summary Message from the President 12 60 Our Vision • Contribute to the resolution of social and environmental issues Special 1 Corporate Governance 64 through our business activities Feature Digitalization Medium-Term Directors, Audit and Supervisory Board • Act responsibly and respect the highest ethical and social standards & Green 20 Members, and Corporate Officers 64 Management Plan Expertise and Experience of Directors 66 • Create new value through constant “staying half a step ahead” spirit 2 Dialogue Messages from Independent Outside Directors 67 • Develop a well-balanced revenue structure Ensuring Safe and Dependable Corporate Governance 68 Maritime Shipping through Corporate Data/Editorial Policy for NYK Report Exhaustive and Ongoing 74 Initiatives Extending beyond Compliance PDF The following information is included in the digital version.
    [Show full text]
  • Federal Register/Vol. 72, No. 233/Wednesday, December 5
    68584 Federal Register / Vol. 72, No. 233 / Wednesday, December 5, 2007 / Notices products or taking other ‘‘appropriate Crowley Maritime Corporation; Filing Party: Eric C. Jeffrey; Goodwin regulatory action.’’ Evergreen Line Joint Service Agreement; Procter LLP; 901 New York Avenue, Hamburg-Su¨ d; Hapag-Lloyd AG; Hapag- N.W.; Washington, DC 20001. List of Subjects Lloyd USA LLC; Hanjin Shipping Co., Synopsis: The agreement authorizes Environmental protection, Pesticides Ltd.; Hyundai Merchant Marine Co. APL to charter space to CMA CGM on and pests, Naphthalene acetic acid, Ltd.; Kawasaki Kisen Kaisha, Ltd.; certain vessels that APL operates in Naphthalene acetates, NAA. Mitsui O.S.K. Lines Ltd.; Nippon Yusen trade between Guatemala, Honduras and Kaisha Line; Norasia Container Lines East Coast of the United States. Dated: November 21, 2007. Limited; Orient Overseas Container Line Agreement No.: 012020–000. Steven Bradbury, Limited; Yang Ming Marine Transport Title: CMA CGM/Maruba Central Director, Special Review and Reregistration Corp.; and Zim Integrated Shipping America to Port Everglades Space Division, Office of Pesticide Programs. Services, Ltd. Charter Agreement. [FR Doc. E7–23306 Filed 12–4–07; 8:45 am] Filing Party: Jeffrey F. Lawrence, Esq.; Parties: CMA CGM, S.A. and Maruba BILLING CODE 6560–50–S Sher & Blackwell LLP; 1850 M Street, S.A. NW.; Suite 900; Washington, DC 20036. Filing Party: Paul M. Keane, Esq.; Synopsis: The amendment would Cichanowicz, Callan, Keane, Vengrow & FEDERAL MARITIME COMMISSION authorize the parties to negotiate, agree Textor, LLP; 61 Broadway Suite 3000; on, or jointly contract for insurance New York, NY 10006. Notice of Agreements Filed related to the operation of a chassis Synopsis: The agreement authorizes pool.
    [Show full text]
  • Executive Summary January 2018
    Terminal 6 Business Study Executive Summary January 2018 The Assignment and Overview The Port of Portland (Port) hired the Advisian WorleyParsons consultant team and its subcontractors (IHS-Markit, The Beckett Group, and Coraggio Group) to undertake a business study to define the Port’s future role in container shipping at Terminal 6 and to identify a sustainable business model for developing and managing this business. The Port posed six questions to be answered by this study: • What is the Port’s future role in container shipping at Terminal 6? • What is the value proposition of Terminal 6 to container carriers and prospective container terminal operators? • How can Terminal 6 be used to provide efficient market access for cargo shippers? • Is there a “niche” in the direct trans-ocean container service market that Terminal 6 can occupy? • Is it feasible to use Terminal 6 as a feeder facility to other West Coast terminals, either as a complement or an alternative to direct trans-ocean carrier service? • What is the business model that maximizes business opportunity at the terminal but is financially sustainable, both for the Port and/or potential private partners? A 23-member Terminal 6 Industry Leader Committee – consisting of diverse, statewide representation - was convened by the Port to provide input and guidance to the consultant team and Port leadership. The Coraggio Group facilitated the consultant- committee process. To address the above questions, seven tasks were undertaken by the consultant team: Advisian 1 Task 1: Industry Analysis. The team reviewed changes in the industry (both ports and liner shipping) to understand current trends and how these changes might impact future container business at the Port.
    [Show full text]
  • July 10, 2017 Kawasaki Kisen Kaisha, Ltd. Eizo Murakami
    July 10, 2017 Kawasaki Kisen Kaisha, Ltd. Eizo Murakami, President & CEO Mitsui O.S.K. Lines, Ltd. Junichiro Ikeda, President & CEO Nippon Yusen Kabushiki Kaisha Tadaaki Naito, President Notice of Establishment of Holding Company and Operating Company for New Integrated Container Shipping Business (2) For the integration of their container shipping businesses, including worldwide terminal operation businesses outside Japan, Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced details of the companies established on July 7 th , 2017 as per attached. Inquiries Inquiries can be directed to the following representatives: Kawasaki Kisen Kaisha, Ltd. Kiyoshi Tokonami, General Manager, Investor & Public Relations Group (TEL: +81-3- 3595-5189) Mitsui O.S.K. Lines, Ltd. Keiichiro Nakanishi, General Manager, Public Relations Office (TEL: +81-3- 3587-7015) Nippon Yusen Kabushiki Kaisha Ushio Koiso, General Manager, Corporate Communication and CSR Group (TEL: +81-3-3284-5058) This document includes information that constitutes “forward-looking statements” relating to the success and failure or the results of the integration of Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha. To the extent that statements in this document do not relate to historical or current facts, they constitute forward-looking statements. These forward-looking statements are based on the current assumptions and beliefs of the three companies in light of the information currently available to them, and involve known or unknown risks, uncertainties and other factors. Such factors may cause the actual results to be materially different from the contents of this document with respect to any future performance, achievements or financial position of one or all of the three companies (or the new company after the integration) expressed or implied by these forward-looking statements.
    [Show full text]
  • Direct Shipline Services to Be Used As a Guide; Confirm with the Ocean Carrier Upon Booking Your Freight
    Direct Shipline Services To be used as a guide; confirm with the ocean carrier upon booking your freight. Service_short_name Frequency Terminal Export_Transit_Time Import_Transit_Time Port_Name Tradelane Country Depart_Day Arrive_day MSC/Maersk Line -- Hamburg Sud/Safmarine - America Express-AMEX Weekly PMT 22 32 Port Elizabeth ZA Africa Republic of South Africa Sunday Saturday MSC/Maersk Line -- Hamburg Sud/Safmarine - America Express-AMEX Weekly PMT 26 26 Durban Africa Republic of South Africa Sunday Saturday MSC/Maersk Line -- Hamburg Sud/Safmarine - America Express-AMEX Weekly PMT 33 21 Cape Town Africa Republic of South Africa Sunday Saturday OCEAN Alliance - Taiwan Strait-TWS/AUE Weekly VIG 31 37 Xiamen Asia China Thursday Wednesday OCEAN Alliance - Taiwan Strait-TWS/AUE Weekly VIG 35 33 Hong Kong Asia China Thursday Wednesday OCEAN Alliance - Taiwan Strait-TWS/AUE Weekly VIG 36 32 Yantian Shenzhen Asia China Thursday Wednesday THE Alliance - North America East Coast-EC1 Weekly NIT 36 39 Xiamen Asia China Monday Saturday THE Alliance - North America East Coast-EC1 Weekly NIT 37 37 Hong Kong Asia China Monday Saturday 2M Alliance -- Alianca/Hamburg Sud/HMM/Safmarine/Zim - TP16/Emerald Weekly VIG 37 38 Xiamen Asia China Saturday Friday THE Alliance - North America East Coast-EC1 Weekly NIT 38 36 Yantian Shenzhen Asia China Monday Saturday 2M Alliance -- Alianca/Hamburg Sud/HMM/Safmarine/Zim - TP16/Emerald Weekly VIG 40 35 Yantian Shenzhen Asia China Saturday Friday OCEAN Alliance - Manhattan Bridge-AWE2 Weekly VIG 40 35 Qingdao Asia
    [Show full text]