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Companypresentation
April2010
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Tradelanesarethearteriesofinternationalcommerce.
Containerports areattheheartoftheglobaleconomy.
Theglobalcontainertradelinkseconomies,marketsandpeople.
Portandtransportationinfrastructureareessentialfactorsofeconomicdevelopment.
Portsserveascommercialgatewaysandeconomicenginesnationally,regionallyandglobally.
Internationaltradewillalwaysseekthemostefficientmodesof transportationandservice.
Portsarethefundamentallinksinglobalsupplychainmanagement.
APMTerminals GlobalTerminalNetworksetsthestandardforthecontainerterminalindustry.
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Presentationoverview
Companyintroduction
Examplesofimprovements
Thecontainershippingmarket
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Companyintroduction
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APMTerminalsispartoftheA.P.MollerMaerskGroup
A.P.MollerMaerskGroup
HQ:Copenhagen,Denmark
2009Revenue:USD$48.5b
inShipping,Energy,Retail
andBanking.
115,000employees,130
countries.
APMTerminals
HQ:TheHague,Netherlands
2009Revenue:USD$3.02b
Containervolume:31million
TEUs (weightedbyterminalequity
share)
19,000employees,34countries.
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APMTerminalshasanindependentreportingstructure
April8,2010 GroupStrategyOffice PAGE6
Strategy
KlausRudSejling
CFO
TrondWestlie
GroupRelations
SteenReeslev
HumanResources
BillAllen
MaerskLine**
Eivind Kolding*
MaerskDrilling
Claus
Hemmingsen*
MaerskSupply
Service
CarstenAndersen
OdenseSteelShipyard
PeterJannNielsen
DanskSupermarked
Erling Jensen
Safmarine
TomasDyrbye
ContainerInlandServices
NigelSimonPusey
MaerskTankers
SrenSkou*
Damco
RolfHabbenJansen
MaerskShip
Management
LeifNielsen
MaerskOilTrading
NielsHenrikLindegaard
Accounting
JesperCramon
Finance&Risk
Management
JanKjrvik
Legal
ChristianKledal
InvestorRelations
AndersChristensen
IT
FlemmingSteen
MaerskFPSOs
PaulPedersen
*PartnerandmemberoftheExecutive
Board
**CorporateServices,delivering
administrativeandotherservicesin
Copenhagen,ismanagedbyMaerskLine
GlobalServiceCentre
CorporateCenter
ServiceFunction
SpecialProjects
FlemmingIpsen
Procurement
SteenKarstensen
Norfolkline
ThomasWoldbye
MaerskOil
JakobBoThomasen
Svitzer
JesperTeddyLok
MaerskLNG
PaulPedersen
APMTerminals
KimFejfer
NilsAndersen*
CEO
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APMTerminals corebusinessiscontainerport
management
Thedesign,development,implementation,operationandmanagementoftheworldsonlytrue
geographicallybalancedGlobalContainerTerminalNetwork.
19,000professionalsdeliveroperationalexcellencetocustomers.
50terminalsin34countriesandonfivecontinents,withnewterminalprojectsunderway.
Customerbase:60shippinglinesandtheworldsleadingimportersandexporters.
Annualthroughputof31millionTEUsandglobalmarketshareof6.6%in2009.
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History:50yearsofinnovation,growthandprogress
FirstdedicatedA.P.Mollerterminalfacilityopens,inthePort ofNewYork.
1958
Containerizationbeginstochangepatternsofglobaltradeandgrowth. 1970s
Ongoingevolutionofcontainerizationandeconomicefficienciesofinternationaltradingpatternsleadto
therapidestablishmentofglobalportloadcentersandtranshipmentnetworks,requiringhighly
coordinatedandspecializedcontainerterminaloperationsandequipmenttoaccommodateeverlarger
vesselsandcontainerflows.
1980s
MaerskLineacquisitionofSeaLandenlargesscopeofterminaloperationsglobally.
1999
EstablishedasindependentcontainerterminaloperatingcompanywithinMaerskLine.
2001
Spunoffasindependentcorporateentity,withheadquartersinTheHague,Netherlands. 2004
RevenueofUSD$2.5billion,USD$111millioninprofit;APMTreportsearningsseparately. 2007
OnlytrueGlobalTerminalNetworkinportindustry;Focusonemergingmarketterminalinvestment.
2008
Named"PortOperatoroftheYear"byLloyd'sList.;RevenueofUSD$3billion;Globalmarketshareof6.6%.
2009
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Establishedin2004asaseparateandindependentbusiness
unit,APMTerminalsconsistentlyoutperformsthemarket.
Revenue
SegmentCashFlowfromOperations
SegmentResult
APMTerminals FinancialResults20042009(USDmillion)
53
92
142
160
302
442
103
1,313
230
299
275
679
657
1,504
2,068
2,520
3,126
3,021
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APMTerminals containervolumegrowth20042009
20.6
24.1
28.4
31.4
34
31
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Regionalorganizationofexistingterminalbusiness
Americas
Portsmouth,VirginiaUSA
AsiaPacific
Shanghai,China
Europe
Rotterdam,Netherlands
Africa,MiddleEastand
IndianSubcontinent
Dubai,UnitedArab
Emirates
Closeraccesstocustomersandmarkets.
Accelerateddecisionmakingandexecution.
CorporateHeadoffice
TheHague,Netherlands
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AtrulyGlobalTerminalNetworkservingallmajormarkets
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AmericasRegion
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EuropeRegion
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Africa,MiddleEastandIndianSubcontinentRegion
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AsiaPacificRegion
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DemonstratedPerformanceandProgress
Portproductivity
Portsafety
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Apapa,Nigeria:Significantimprovement
inservice&safetylevels
Beforetakeover Aftertakeover
Whatdidwedo?
Eliminatedvesselwaitingtime.
ImprovedSafetyandSecurity.
Increasedcapacityandthroughput.
InvestedUSD$200millionin
improvements.
Takeover
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Aqaba,Jordan:Successfulprivatization
Whatchanged?
InvestmentinCranes(Phase1).
YardProceduresandITSystems.
ImprovedProductivity.
SignedManagementAgreement(2004).
JointDevelopmentAgreement 25Years(2006).
ACTBeforeAPMTerminals
Terminalcongestion.
Extremedelaysofvesselandcontainerdelivery.
NosafetytrainingorITsysteminplace.
ACTPresent
15%containerthroughputgrowthin2009.
Annualcapacityof750,000TEUs.
Sustainedprofitabilityandcompetitiveness.
Employinglocalstaffinseniorpositions.
ACTFuture
Installationofnew,largercranes.
Doublingofwharfto1000meters.
Annualcapacityof2.4millionTEUsby2013.
ThepreferredPortintheRedSea.
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Benchmarkingsafetyperformance
Safetyhighlightsfor2009
SafetyperformanceresultsplacedAPM
Terminalsintheleadoftheportsand
terminalindustryfortheyear.
TheLostTimeInjuryFrequency(LTIF)rate
wasreducedby43%to4.1permillionman
hoursfor2009overthepreviousyear.
Afourhoursafetycultureprogram
(availablein12languages)wascompleted
by17,000ofour19,000employees.
EmployeeresponsetoSafetyCulture
trainingwasreflectedina400%increasein
reportedNearMissincidents,to10,151.
ProgressinaMustWin Battle:Terminal
fatalitieshavecontinuetodecline,from10
in2007,toninein2008,andfourin2009.
Injuriesper1,000,000manhours
LTIFjourney(APMT)
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Thecurrentcontainershippingmarket
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TodaysglobalfleetrequiresaGlobalTerminalNetwork
Atpresent,nearly5,900vesselsservelinertraderoutes;ofwhich4,721arepure
containerships.
Thereare538containervesselsonorder,representinganadditional3.87million
TEUsofcapacity(30%oftheexistingfleetcapacity).
Thethreelargestcontainershipoperatorsaccountfor35%ofworldstotal
containershipcapacity.
Thetopsevenshippinglinesrepresent50%ofthetotalglobalfleetscurrent
containercapacity.
Containershipscarryonethirdofallglobaltradebyvalue.
Source:AXSAlphaliner,9/09
(Sources:WorldShippingCouncil;
Alphaliner,February2010)
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Longtermattractivenessoftheportindustryisdrivenby
ongoingglobalization,containerizationandprivatization
Worldcontainerporthandlingdemand(TEUmillion)
10%CAGRfrom1990 2008
13%for2009/3%in2010?
5%CAGRnext5years?
1990 2009 - 10 2015
Fundamentaldriversofportdemand
Economicglobalization.
Increasedregionaltrade(e.g.
IntraSoutheastAsia).
Increasedcontainerizationof
commodities(e.g.reefer).
Necessitytoupgradeexisting
capacity(e.g.Westernmarket,
deepdraft).
Privatizationopportunities.
Growingconsumerdemandin
developingcountries.
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2009Rankings:WorldsLargestContainerports
(APMTerminalsGlobalTerminalNetworklocationslistedinbolditalic)
Source:ContainerisationInternational,March2010
Port Volume (MillionTEUs)
Singapore 25.8
Shanghai(China) 25.0
HongKong 20.9
Shenzhen (China) 18.2
Busan(Korea) 11.9
Guangzhou(China) 11.2
Dubai(UAE) 11.1
Ningbo(China) 10.5
Qingdao(China) 10.2
Rotterdam(Netherlands) 9.7
Tianjin(China) 8.7
Kaohsiung(Taiwan) 8.5
Antwerp(Belgium) 7.3
PortKlang (Malaysia) 7.3
Hamburg(Germany) 7.0
LosAngeles(USA) 6.7
TanjungPelepas(Malaysia) 6.0
LongBeach(USA) 5.0
Xiamen(China) 4.6
LaemChabang(Thailand) 4.6
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Portoperatormarketshares:APMTerminalsranks3
rd
,
goalisnottobethebiggest,butthebest.
Source:DrewryShippingConsultants,August
2009
2006 2007 2008 TEUmillion
Equityweighted
Volumes MarketShare Volumes MarketShare Volumes MarketShare
PSA 42.4 9.6% 50.5 10.3% 50.8 9.8%
Hutchison 30.9 7.0% 35.1 7.2% 34.9 6.8%
APMTerminals 28.4 6.4% 31.4 6.4% 34 6.6%
DPWorld 25.9 5.9% 30.5 6.2% 32.1 6.2%
TotalTop4Operators 127.6 28.9% 147.5 30.1% 151.8 29.4%
Otheroperators 314.4 71.1% 342.5 69.9% 364.2 70.6%
Total 442.0 100.0% 490.0 100.0% 516.0 100.0%
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Top20ContainershipLinesrankedbyfleetcapacity
(Source:AXSAlphaliner,March2010)
TEUS
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APMTerminalsisredefiningtheindustryithelpedcreate
Mostgeographicallybalancedportfolioofanyterminaloperator.
Named2009PortOperatoroftheYear byLloydsList.
StrongfinancialstabilityoftheparentA.P.MollerMaerskGroup.
Industryleading,customerdrivenefficiencyandinnovation.
Asanindependentoperator,APMTerminalscanserveallcustomers.
Comprehensivenewterminaldevelopmentandexistingfacilityexpansionworldwide.
Equippedtoservelargervesselsenteringtheglobalfleet.
Corporatecommitmenttoimprovementin:
HealthandSafety
Security
Environmentalsustainability
Localcommunities
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Forfurtherinformation
APMTerminals.com