In A.P budget 2010. Møller-Mærsk not is almost more trace of the crisis



Shipowning group Danish A.P. Møller-Mærsk has parted behind the decided decrease of the economic performances of 2009 returning in the exercise anniversary 2010 to record turned out advanced regarding those pre-crises enrolled in budget 2008. Last year the group has totaled a profit clearly of 5,02 billion dollars on revenues for 56,09 billion dollars respect to a net loss of 1,02 billion dollars on a volume of transactions of 48,80 billion dollars in 2009. The EBITDA and the EBIT have attested respective to 15,87 billion and 10,61 billion dollars, with increments of 72.6% and 182.1% on exercise 2009.

"The group - the A.P managing director has commented today. Møller-Mærsk, Nils S. Andersen - he has obtained remarkable results in 2010 and we are many satisfying. Our staff has made truly a great job. We have become more competitive and the improvement of the service in all the group has had as consequence the continuous increase of the satisfaction of the customers. We have strengthened our solidity financial institution and - it has concluded - we are ready to put into effect meaningful investments in our activity".

The division of containerized marine transport of the group has closed the 2010 with a profit clearly of 2,64 billion dollars on revenues for 26,04 billion dollars respect to a net loss of 2,13 billion dollars on revenues for 19,93 billion dollars in the exercise precedence. The EBITDA and the EBIT have been positive respective for 4,60 billion and 2,89 billion dollars against results negatives for 303 million and 1,96 billion dollars in 2009. Last year the fleet of portacontainer of the group has transported cargo volumes pairs to 7,3 million container from 40 ' (feu) regarding 6,9 million feu in 2009. The recorded medium hire for feu last year has been of 3.064 dollars (2,370 dollars in 2009) and the average price of the fuel has been of 458 dollars to the ton (342 dollars in 2009). Al 31 last December the fleet of portacontainer of A.P. Møller-Mærsk, A.P. Møller-Mærsk Container shipping Rates 2010/ 2009 Volumes 2010/ 2009 Distribution on volumes across routes 2010 Distribution on volumes across routes 2009 Asia-Europe 52% 0% 38% 40% Africa 11% 8% 15% 14% Transpacific 33% 2% 13% 13% Latin America 21% 14% 13% 12% Transatlantic 23% 2% 9% 10% Oceania 15% -1% 6% 6% Intra-Asia 19% 37% 6% 5% Total 29% 5% 100% 100% operated mainly through the branches Maersk Line, Safmarine and MCC Transport, it was constituted by 570 ships of property and rental for an ability to total cargo of 2,2 million container from 20 ' (teu), of which 0,9 million teu with the ships rental (0,7 million teu in 2009). We remember that in recent days the group has announced an important program of potenziamento of the fleet of portacontainer that previews the possible acquisition of 30 ships from 18.000 teu ( on 21 February 2011).

In the 2010 terminalistiche activity of the group operated by branch APM Terminals have generated a profit clearly of 793 million dollars on revenues for 4,25 billion dollars, with increments respective of 60.5% and 0.3% on the year precedence. EBITDA and EBIT are piled to 869 million dollars (- 3.2%) and 911 million dollars (+63.6%). Last year the volume of container enlivened from the terminals of the group (reported to the quota participation of the group in the terminals) has been pairs to 31,5 million container teu regarding 30,9 million in 2009.

Last year the Tankers division and Offshore of the group has totaled a profit clearly of 240 million dollars (- 12.7% on 2009) on revenues for 5,63 billion dollars (+2.1%). The EBITDA has been pairs to 1,57 billion dollars (+10.3%) and the EBIT to 377 million dollars (- 3.6%).

For the 2011 Danish group it attends last year turned out economic inferiors regarding those achieved. In the field of the containerized transport the company previews that this year the question will grow of the 6-8%, while the offer of new tonnage - according to A.P. Møller-Mærsk - it will correspond or be advanced to the cargo volumes transported, in particular on the routes between Asia and Europe, and that such scene will allow with the group to obtain turned out satisfactory but inferior regarding the performances of 2010. Of the increase of the transported volumes it will benefit also APM Terminals, for which they are attended turned out more elevated regarding 2010. Also for Maersk Tankers they are previewed turned out better even if - has specified the group - the company work in a situation of very difficult market with hires that at the beginning of 2011 in many segments they are beneath of the threshold of breakeven. For Maersk Oil an inferior result regarding 2010 on the base of a decrease of the oil production and gas of the group is attended that this year will come down to about 125 million barrels and on the base of a price of the oil of about 90 dollars to Barile.