Maersk Group Strategy and Performance
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Company Overview 2013 Company Overview 2013 2 /12
A.P. Møller - Mærsk A/S Company overview 2013 Company overview 2013 2 /12 Associated companies Company Country of Owned Company Country of Owned incorporation share incorporation share Abidjan Terminal SA Ivory Coast 40% Meridian Port Holdings Ltd. Great Britain 50% Brigantine International Holdings Ltd. Hong Kong 30% Meridian Port Services Ltd. Ghana 35% Brigantine Services (Shanghai) Co. Ltd. China 30% Neuss Trimodal GmbH Germany 25% Brigantine Services (Shenzhen) Co. Ltd. China 30% New Asia Capital Resources Ltd. Hong Kong 33% Brigantine Services Ltd. Hong Kong 30% Pacoci SA Ivory Coast 50% Cape Fruit Coolers Pty. Ltd. South Africa 20% Port Services Containers Company Ltd. Saudi Arabia 48% Channel Energy (Poti) Limited Georgia LLC Georgia 25% Portmade Customs NV Belgium 49% Commonwealth Steamship Insurance Portmade NV Belgium 49% Company Pty. Ltd. Australia 7% PT Bonapelangi Devindo Indonesia 19% Congo Terminal Holding SAS France 30% Qingdao Qianwan United Container Congo Terminal S.A. DR Congo 23% Terminal Co. Ltd. China 8% Cosco Ports (Nansha) Ltd. British Virgin Salalah Port Services Company SAOG Oman 30% Islands 34% Shanghai Brigantine De Well Container Dalian Jilong Brigantine Container Services Co. Ltd. China 15% Services Co. Ltd. China 15% Shenzhen Yantian Tugboat Company Ltd. China 10% Danske Bank A/S Denmark 20% Shipet Maritime Sdn. Bhd. Malaysia 44% Desmi Ocean Guard A/S Denmark 40% Smart Brigantine Container Services Co. Ltd. China 40% Guangzhou South China Oceangate Societe De Participations Portuaires SAS France 40% Container Terminal Co. Ltd. China 20% South Asia Gateway Pvt. Ltd. Sri Lanka 33% Guayanilla Towage Group Inc. Puerto Rico 25% Thetis BV The Netherlands 10% Gujarat Pipavav Port Ltd. -
Acquisition of Maersk Oil August 2017 Slide Feb
Acquisition of Maersk Oil August 2017 Slide Feb. 2017 Capitalizing on strengths to secure future growth Taking advantage of current market conditions Maintaining discipline to reduce breakeven Taking advantage of low-cost environment • Sanctioning high-return projects • Adding attractive resources Increasing leverage to oil price Committed to creating shareholder value 2 Acquiring an attractive and complementary portfolio Adding quality assets offering growth in core areas Mainly conventional OECD assets with strong growth and high margins Complementary international portfolio Significant synergies Cash flow and earnings accretive from 2018 3 An excellent fit between Maersk Oil and Total assets Mainly OECD portfolio & Significant synergies > 80% North Sea Norway 85% OECD Johan Sverdrup, 8.44% 60% operated UK Culzean, 49.99%, op. Denmark DUC, 31.2%, op. Kazakhstan Dunga, 60%, op. United States Jack, 25% Iraq Kurdistan Algeria Sarsang block, 18% Berkine Basin, 12.25% Kenya South Lokichar, 25% Brazil Itaipu, 26.7% Wahoo, 20% Angola Chissonga, 65% op. Maersk Oil & Total Maersk Oil only Total only 4 Share and debt deal Closing expected early 2018* Offer for 100% Maersk Oil’s equity Total will obtain ~ 1 billion barrels of reserves • > 85% in OECD countries 4.95 B$ in Total shares (97.5 million shares) Net production of 160 kboe/d in 2018 increasing to > 200 kboe/d by early 20’s Predominantly liquid production with high margins and free cash flow breakeven < 30 $/bbl Total will assume 2.5 B$ of Maersk Oil’s debt > 1.3 B$ CFFO at 50 $/b in 2018 before synergies Experienced teams with strong operational skills * Subject to regulatory approvals A new long term shareholder 5 A competitive transaction Earnings and Cash per share accretive from 2018 Consideration / production 2018 CFFO at 50 $/b k$ / boed $ / share > 0.2 100 $ / share 46 k$/boepd 0 Maersk Oil Recent comparable Total Total incl. -
Effective 01/01/2000
FORM 6 Equipment Providers Party to the September 27, 2021 Uniform Intermodal Interchange and Facilities Access Agreement (UIIA) All insurance information should be provided directly to the UIIA office and not to the Equipment Providers listed below. Alpha Code Name and Address of Equipment Provider ACLU ACL/Grimaldi Group/Inarme, 50 Cardinal Drive, Westfield, NJ 07090 (Equipment Group) Tel: (908)518-7352; e-mail: [email protected] ANLC ANL Singapore Pte. Ltd. (formerly: US Lines LLC), 5701 Lake Wright Drive, Norfolk, VA 23502 (Equipment Operations) Tel: (562)624-5676 Fax: (703)341-1385, Dispute contact: [email protected] LAX/Long Beach: lax- [email protected]; West Coast: [email protected]; East Coast: [email protected] cgm.com; Midwest & Gulf [email protected]; All Regions for Reefer/OpenTop/Flatrack: [email protected]; All Regions for Chassis only: [email protected] APLU APL Co. Pte Ltd, 5701 Lake Wright Drive, Norfolk, VA 23502 (Equipment Operations) Tel: (562)624-5676 Fax: (703)341- 1385, Dispute contact: [email protected]; LAX/Long Beach: [email protected]; West Coast: [email protected]; East Coast: [email protected]; Midwest & Gulf [email protected]; All Regions for Reefer/OpenTop/Flatrack: [email protected]; All Regions for Chassis only: [email protected] BANR BAL Container Line Co., Ltd., One St. Louis Centre, Suite 5000, Mobile, AL 36602 (Mike Ausmus) Tel: (251)219-3310; Fax: (251)433-1461; e-mail: [email protected] BCLU Bermuda Container Line, Limited, One Gateway Center, Ste. -
U.S. Customs and Border Protection
U.S. Customs and Border Protection Report Update to Congress on Integrated Scanning System Pilot (Security and Accountability for Every Port Act of 2006, Section 232(c)) TABLE OF CONTENTS 2 Legislative Requirement/Citation 5 Executive Summary 10 Background 11 Discussion 30 Conclusion 31 Acronyms REPORT UPDATE TO CONGRESS ON INTEGRATED SCANNING SYSTEM FOR PUBLIC RELEASE Legislative Requirement/Citation This report is the first in a series of semi-annual updates required by Section 232(c) of the Security and Accountability for Every Port Act of 2006 (SAFE Port Act), Pub L. No. 109-347, 120 Stat. 1917 (October 13, 2006). In Section 231 of the SAFE Port Act, Congress directed the Secretary of the U.S. Department of Homeland Security (DHS), in coordination with the Secretary of the U.S. Department of Energy (DOE), as necessary, and the private sector and host governments when possible, to pilot an integrated scanning system at three foreign ports. Section 232 of the SAFE Port Act, reads: SEC. 232. SCREENING AND SCANNING OF CARGO CONTAINERS. (a) ONE HUNDRED PERCENT SCREENING OF CARGO CONTAINERS AND 100 PERCENT SCANNING OF HIGH-RISK CONTAINERS.— (1) SCREENING OF CARGO CONTAINERS — The Secretary shall ensure that 100 percent of the cargo containers originating outside the United States and unloaded at a United States seaport undergo a screening to identify high-risk containers. (2) SCANNING OF HIGH-RISK CONTAINERS —The Secretary shall ensure that 100 percent of the containers that have been identified as high-risk under paragraph (1), or through other means, are scanned or searched before such containers leave a United States seaport facility. -
Maersk Olie Og Gas A/S
Maersk Olie og Gas A/S I CVR-IMo. 22757318 Annual Report 2015 Approved at the GeneraTAssembly: 29 April 2016 Chairman of the meeting: Majbritt Perotti Carlson Esplanaden 50,1263 Copenhagen K mp Mdsrsk Olie og Gas A/S CVR-No. 22757318 Annual Report 2015 Content Page Company information 3 List of companies 4 Directors' Report 6 Management's Statement 13 Independent Auditors' Report 14 Accounting policies 16 Income statement - Group 21 Balance sheet - Group 22 Cash Flow statement - Group 24 Income statement - Parent 25 Balance sheet - Parent 26 ( Notes 28 2 MP Masrsk Olie og Gas A/S CVR-No. 22757318 Annual Report 2015 Company information Maersk Olie og Gas A/S Esplanaden 50 1263 Copenhagen K CVR-No.: 22757318 Date of incorporation: 26 September 1962 Registered office: Copenhagen Financial year: 01 January 2015 - 31 December 2015 Board of Directors Nils Smedegaard Andersen (Chairman) Michael Pram Rasmussen Trond Westlie Management Jakob Thomasen Auditors KPMG Statsautoriseret Revisionspartnerselskab Dampfaergevej 28 2100 K0benhavn 0 3 Msersk Olie og Gas A/S CVR-No. 22757318 Annual Report 2015 List of Companies Maersk Olie og Gas A/S is a wholly-owned subsidiary of A.P. M0ller - Maersk A/S (Copenhagen) and is included in the accounts for the A.P. Moller - Maersk Group. Maersk Olie og Gas A/S is the parent company for the following directly or indirectly subsidiaries (100% owned if not otherwise indicated): Maersk Oil Qatar A/S, Copenhagen Maersk Olie, Algeriet A/S, Copenhagen Maersk Oil Colombia A/S, Copenhagen Maersk Oil Angola A/S, Copenhagen -
Maersk Line and the Future of Container Shipping
9-712-449 REV: JUNE 1, 2012 FOREST L. REINHARDT RAMON CASADESUS - MASANELL FREDERIK NELLEMANN Maersk Line and the Future of Container Shipping There is a difference between just moving a container and moving it in the most sustainable, easy, and reliable way. And that difference is worth something to our customers. — Morten Engelstoft, Chief Operating Officer, Maersk Line, 2012 It was a cold February afternoon in 2012 as Søren Skou looked out the window of his office across the Copenhagen waterfront. Skou had just recently been promoted to become CEO of Maersk Line, the world’s largest container shipping company, and the flagship company of the Danish conglomerate A.P. Moller-Maersk Group. He was taking the reins at a difficult time: the sluggish global economy had severely depressed container rates, while fuel prices were still at record levels. On some trade routes, the company—like its competitors—wasn’t even meeting the costs of deploying its large and expensive container ships. Skou was confident that the company would pull through. After all, it had recently completed a successful turnaround following the Maersk Line’s first ever annual loss in 2009 and the Group benefited from a diverse holding of activities, which included an oil and gas business. However, Skou needed to assess whether Maersk Line was headed in the right direction, both to be able to compete in this slower market but also once the economy, and global trade, picked up. In 2010 the company had decided to focus on three differentiators to help it maintain its position as the global leader: reliability, ease-of-doing business, and environmental performance. -
Ensenada International Terminal
World Ports HPH HPH Ports around the World 48 Ports in 25 Countries HPH Mexico EIT Hinterland Nuestros clientes EIT – Length of vessels 5,000 TEU 280 - 300 m 13 6,000 – 8,000TEU 17 300 – 330 m EIT: Biggest vessel calling Ensenada 9300 TEU 10,000 - 13,000 TEU 330 - 360 m 21 18,000 TEU 23 400 m EIT Capacity EIT: 280,000 Teus Dinamyc -Usage Today 60% -/ + 7,500 Teus Statics Vessel’s dailiy unloading capacity: 3,500 TEU (Usage today 30%) Delivery/Reception of containers per day (Customs hours): 400 Containers Services Contenerized cargo: Loading-unloading Delivery-reception Storage Electricity supply (refrigerated containers) Vanning / Devanning Labeling, stacking on pallets and general packing General Cargo: Grain loading to ship through pneumatic system Delivery-reception Storage Others Shipping Agency Logistics Coordination Chassis rental EIT TRANSPORT COORDINATION Inland Service provided in full or single container truck in order Servicie to provide an efficient service for our clients. Container Monitoring In real time cargo monitoring for a best control and of our customers cargo Cargo Insurance For container under EIT transportation there is no “late arrival cost”. Late Arrival Storage and custody of containers, empty or full in the EIT’s Container yard in Tijuana. Storage In Bond Transportation • Included in Mexican Customs Law • 3 border crossing points: Tijuana, Tecate and Mexicali • USA-Ensenada or Ensenada-USA Tracking container by EIT’s webpage The Consignee can track containers by: • Container number • Bill Landing B/L • Customs form number Consignees can review, the status of container by internet: www.enseit.com Container tracking system The system shows the container information as: status (in/out), dates and hours, vessel. -
FMC Will Continue to Allow Carriers 30 Days to File New Service
Signals: FMC and ocean freight industry news and developments View this email in your browser Volume 24, Number 11 November 3, 2020 Oakland, California SIGNALS™ provides detailed information on the regulations and activities of the US Federal Maritime Commission (FMC), and related developments in the ocean freight industry. For past issues, please consult our index. Signals™ Headlines - November 3, 2020 • FMC Will Continue to Allow Carriers 30 Days to File New Service Contracts • FMC Requests Comments on the Term “Merchant” in Carrier Bills of Lading • Proposal to Change FMC Regulation of Cruise Lines Issued • Transpacific Eastbound Carriers File GRIs Effective November 15 and December 1, 2020 • Caribbean Shipowners Association Members Announce New Surcharge FMC Will Continue to Allow Carriers 30 Days to File New Service Contracts The U.S. Federal Maritime Commission (FMC) has issued an order that will extended the temporary exemption that allows ocean carriers up to thirty (30) days to file new service contracts with the Commission. In the interest of providing certainty and stability to supply chain stakeholders, the Commission believes it is necessary to extend this exemption until June 1, 2021. The temporary order issued under FMC Docket No. 20-06 was scheduled to expire December 31, 2020. The Commission has also voted to initiate a Notice of Proposed Rulemaking (NPRM) that will, if ultimately approved, make this temporary exemption permanent. The FMC’s decision to grant an extra 30 days to file new service contracts into its SERVCON database is similar to a decision issued in 2017 that allows service contract amendments to be filed in SERVCON within thirty (30) calendar days after the effective date. -
Issued in Accordance with Article 17 of Instruction DOC-2016-04 of the French Financial Markets Authority (Autorité Des Marchés Financiers)
Announcement issued in accordance with Article 17 of Instruction DOC-2016-04 of the French Financial Markets Authority (Autorité des Marchés Financiers). Total completes the acquisition of Maersk Oil and issues 97,522,593 new Total shares for the benefit of A.P. Møller - Mærsk A/S as consideration for the contribution of Maersk Oil shares to Total S.A. Paris, 8 March 2018 Total announces the completion of the acquisition of Mærsk Olie og Gas A/S (Maersk Oil) as part of the share and debt transaction, announced on 21 August 2017, and the definitive completion of the contribution to Total S.A. by A.P. Møller - Mærsk A/S (Maersk) of all the shares it holds in the share capital of Maersk Oil (the Contributed Shares). Accordingly, Total S.A. has issued 97,522,593 new shares to Maersk as consideration for the contribution of the Contributed Shares. These shares are fully assimilated to all other existing Total S.A. shares and will be admitted to trading on Euronext Paris on the same trading lines as the existing Total shares. The reasons and terms of the transaction are described hereafter. 1. Reasons for the transaction This operation will enable Total to acquire a company with a growing production, quality assets with a good fit to Total portfolio in core regions. With the integration of Maersk Oil assets, Total will become the second largest operator in the North Sea, will increase the share of conventional assets in OECD countries in its portfolio and will generate commercial, operational and financial synergies. -
East Coast China 2--ECC2
Last Update Date: 30-Sep-2021 East Coast China 2--ECC2 Vessel Name EVER LEGION Vessel Name EVER LADEN Vessel Name EVER LENIENT Vessel Name EVER LOVELY Vessel/Voyage EVG / 044 Vessel/Voyage ELD / 151 Vessel/Voyage EVT / 061 Vessel/Voyage LVY / 040 Port Arr--Dep Port Arr--Dep Port Arr--Dep Port Arr--Dep Qingdao 13--13 Sep Qingdao 15--15 Sep Qingdao 22--21 Sep Qingdao 30-- Sep Ningbo 19--19 Sep Ningbo 20--21 Sep Ningbo 24--24 Sep Ningbo 02-- Oct Shanghai 23--23 Sep Shanghai 24--24 Sep Shanghai 30-- Sep Shanghai 04-- Oct Busan 28--27 Sep Busan 28--28 Sep Busan 04-- Oct Busan 06-- Oct Panama Canal 14-- Oct Panama Canal 14-- Oct Panama Canal 21-- Oct Panama Canal 22-- Oct Colon 15-- Oct Colon 15-- Oct Colon 22-- Oct Colon 23-- Oct Savannah 20-- Oct Savannah 20-- Oct Savannah 27-- Oct Savannah 28-- Oct Charleston 22-- Oct Charleston 22-- Oct Charleston 29-- Oct Charleston 30-- Oct Boston 25-- Oct Boston 25-- Oct Boston 01-- Nov Boston 02-- Nov New York 27-- Oct New York 27-- Oct New York 03-- Nov New York 04-- Nov Colon 03-- Nov Colon 03-- Nov Colon 10-- Nov Colon 11-- Nov Panama Canal 04-- Nov Panama Canal 04-- Nov Panama Canal 11-- Nov Panama Canal 12-- Nov Qingdao 21-- Nov Qingdao 23-- Nov Qingdao 02-- Dec Qingdao 07-- Dec Ningbo 24-- Nov Shanghai 26-- Nov Busan 28-- Nov Vessel Name EVER FAITH Vessel Name APL SOUTHAMPTON Vessel Name EVER FORE Vessel Name EVER FAST Vessel/Voyage FAH / 011 Vessel/Voyage SOU / 407 Vessel/Voyage EOR / 002 Vessel/Voyage EAV / 006 Port Arr--Dep Port Arr--Dep Port Arr--Dep Port Arr--Dep Qingdao 11-- Oct Qingdao -
Federal Register/Vol. 70, No. 192/Wednesday, October 5, 2005
58222 Federal Register / Vol. 70, No. 192 / Wednesday, October 5, 2005 / Notices however, will be limited to the seating of the date this notice appears in the Parties: American President Lines, available. Unless so requested by the Federal Register. Copies of agreements Ltd.; APL Co. Pte Ltd.; China Shipping Council’s Chair, there will be no public are available through the Commission’s Container Lines Co., Ltd.; COSCO oral participation, but the public may Office of Agreements (202–523–5793 or Container Lines Company Limited; submit written comments to Jeffery [email protected]). Evergreen Marine Corporation (Taiwan), Goldthorp, the Federal Communications Agreement No.: 011223–031. Ltd.; Hanjin Shipping Co., Ltd.; Hapag- Commission’s Designated Federal Title: Transpacific Stabilization Lloyd Container Line GmbH; Kawasaki Officer for the Technological Advisory Agreement. Kisen Kaisha, Ltd.; Mitsui O.S.K. Lines, Council, before the meeting. Mr. Parties: American President Lines, Ltd.; Hyundai Merchant Marine Co. Goldthorp’s e-mail address is Ltd.; APL Co. Pte Ltd.; CMA CGM, S.A.; Ltd.; Kawasaki Kisen Kaisha Ltd.; [email protected]. Mail delivery COSCO Container Lines Ltd.; Evergreen Mitsui O.S.K. Lines, Ltd.; Nippon Yusen address is: Federal Communications Marine Corp. (Taiwan) Ltd.; Hanjin Kaisha Line; Orient Overseas Container Commission, 445 12th Street, SW., Shipping Co., Ltd.; Hapag-Lloyd Line Limited; and Yangming Marine Room 7–A325, Washington, DC 20554. Container Linie GmbH; Hyundai Transport Corp. Merchant Marine Co., Ltd.; Kawasaki Filing Party: David F. Smith, Esq.; Federal Communications Commission. Kisen Kaisha, Ltd.; Mitsui O.S.K. Lines, Sher & Blackwell; 1850 M Street, NW.; Marlene H. -
PP Hemmingsen
Lundbeck Foundation EU conference: Giving more to research in Europe Presentation by Steen Hemmingsen, Managing Director, The Lundbeck Foundation - The Danish research funding system - The Danish foundation sector a. Charitable b. Industrial c. Dual purpose (Commercial Foundation Act) - The Lundbeck Foundation - Trust Deed and Governance - Grant policies - Centres of Excellence - Interaction between Foundation controlled pharma industry, university research and biotech cluster March 2006 Lundbeck Foundation TheThe DanishDanish ResearchResearch FundingFunding System*System* Private sector Euro 3,44 bn. 70% 1,78% of GNP Public sector Euro 1,49 bn. 30% 0,79% - - • Council for independent research Euro 124 m. • Council for strategic research Euro 47 m. • National research foundation Euro 27 m. • Technology foundation Euro 26 m. Private foundations**) Euro 134 m. (The Lundbeck Foundation contributes Euro 30 m.) *) Source: The Danish Centre for Studies in Research and Research Policy, some figures relate to 2003. **) Estimate 2005, included in public sector statistics. Lundbeck Foundation THETHE LUNDBECKLUNDBECK FOUNDATIONFOUNDATION • Established in 1954 by Mrs. Grete Lundbeck (no descendants) • Owns 70% of the listed pharmaceutical company H. Lundbeck A/S • An industrial foundation regulated under The Commercial Foundations Act. • Several large Danish companies are controlled by industrial foundations • The Lundbeck Foundation operates independently of its industrial subsidiary/founder family - no company executives on the Board/management - no grants given to company • The Lundbeck Foundation provides grants to research of Euro 30 m. H. Lundbeck A/S has a R&D budget of Euro 250 m. • The Lundbeck Foundation’s asset base is Euro 4 bn. – 65% hereof in donor stock Lundbeck Foundation SeveralSeveral foundationfoundation--ownedowned companiescompanies amongamong thethe largestlargest DanishDanish firmsfirms • A.