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<br /> GROUP ANNUAL MAGAZINE<br /> NAVIGATING<br /> VOLATILITY<br /> The 2015 financial highlights, markets<br /> and people of the Maersk Group<br /> Supply & demand A virtual reality tour offshore Cutting through congestion<br /> To meet the demands of the growing Maersk Oil’s Culzean project APM Terminals Los Angeles put<br /> Colombian economy, Maersk Line could provide 5% of the UK’s in a record performance in 2015 in<br /> has worked with the Buenaventura gas needs and equipment must tough circumstances, underlining<br /> port to ensure its larger vessels could be able to handle the high the value of mature markets<br /> serve customers better. pressures and temperatures. to the Maersk Group.<br /> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 1" href="http://viewer.zmags.com/publication/d160e5ab?page=1"> GROUP ANNUAL MAGAZ</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 2" href="http://viewer.zmags.com/publication/d160e5ab?page=2"> With one of the fastest growth rates in Latin Ame</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 3" href="http://viewer.zmags.com/publication/d160e5ab?page=3"> Navigating volatility Welcome to the Group Annua</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 4" href="http://viewer.zmags.com/publication/d160e5ab?page=4"> Editor in Chief Birgitte Henrichsen Editor Chris</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 5" href="http://viewer.zmags.com/publication/d160e5ab?page=5"> Our business Reaching 3,500 metres 4–7, 66 un</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 6" href="http://viewer.zmags.com/publication/d160e5ab?page=6"> Our business Maersk Group at a glance 2015 Highl</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 7" href="http://viewer.zmags.com/publication/d160e5ab?page=7"> Our business Our way of doing business Maersk</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 8" href="http://viewer.zmags.com/publication/d160e5ab?page=8"> Our business A global business 5 of</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 9" href="http://viewer.zmags.com/publication/d160e5ab?page=9"> 15 minutes The frequency with which a Mae</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 10" href="http://viewer.zmags.com/publication/d160e5ab?page=10"> Our strategy Message from the Chairman and </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 11" href="http://viewer.zmags.com/publication/d160e5ab?page=11"> Our strategy The world in which the Maersk </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 12" href="http://viewer.zmags.com/publication/d160e5ab?page=12"> Our strategy | Message from the Chairman and the </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 13" href="http://viewer.zmags.com/publication/d160e5ab?page=13"> Our strategy Michael Pram Rasmussen Chairm</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 14" href="http://viewer.zmags.com/publication/d160e5ab?page=14"> Our strategy The Maersk Group strategy Maersk </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 15" href="http://viewer.zmags.com/publication/d160e5ab?page=15"> Our strategy W </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 16" href="http://viewer.zmags.com/publication/d160e5ab?page=16"> Our performance Portfolio </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 17" href="http://viewer.zmags.com/publication/d160e5ab?page=17"> Our performance Expanding the portfolio A</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 18" href="http://viewer.zmags.com/publication/d160e5ab?page=18"> Our stories Global minds, local hearts Our peopl</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 19" href="http://viewer.zmags.com/publication/d160e5ab?page=19"> Our stories Open for business M </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 20" href="http://viewer.zmags.com/publication/d160e5ab?page=20"> Our stories | Global minds, local hearts A</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 21" href="http://viewer.zmags.com/publication/d160e5ab?page=21"> Our stories Patricia Perez Age</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 22" href="http://viewer.zmags.com/publication/d160e5ab?page=22"> Our stories Smart containers Listen & talk </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 23" href="http://viewer.zmags.com/publication/d160e5ab?page=23"> Our stories I’M HEADING TO BRAZIL </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 24" href="http://viewer.zmags.com/publication/d160e5ab?page=24"> Our stories | Smart containers Connected: </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 25" href="http://viewer.zmags.com/publication/d160e5ab?page=25"> Our stories How does RCM work? It starts </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 26" href="http://viewer.zmags.com/publication/d160e5ab?page=26"> Our stories Reaching 3,500 metres under the s</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 27" href="http://viewer.zmags.com/publication/d160e5ab?page=27"> Our stories T he dr</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 28" href="http://viewer.zmags.com/publication/d160e5ab?page=28"> Our stories Staying competitive To meet the d</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 29" href="http://viewer.zmags.com/publication/d160e5ab?page=29"> Our stories demand Annual Magazine | 27</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 30" href="http://viewer.zmags.com/publication/d160e5ab?page=30"> Our stories | Supply & demand 80% of the pa</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 31" href="http://viewer.zmags.com/publication/d160e5ab?page=31"> Our stories Production closer to demand In </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 32" href="http://viewer.zmags.com/publication/d160e5ab?page=32"> Our stories A virtual reality tour offshore The </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 33" href="http://viewer.zmags.com/publication/d160e5ab?page=33"> Our stories 250–300m 5% </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 34" href="http://viewer.zmags.com/publication/d160e5ab?page=34"> Our stories | A virtual reality tour offshore </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 35" href="http://viewer.zmags.com/publication/d160e5ab?page=35"> Our stories The Culzean project • Approved</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 36" href="http://viewer.zmags.com/publication/d160e5ab?page=36"> Our stories In mature markets, where growth </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 37" href="http://viewer.zmags.com/publication/d160e5ab?page=37"> Our stories Cutting through congestion APM Termi</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 38" href="http://viewer.zmags.com/publication/d160e5ab?page=38"> Our stories | Cutting through congestion </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 39" href="http://viewer.zmags.com/publication/d160e5ab?page=39"> Our stories 70m (USD) Total savings for the Mae</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 40" href="http://viewer.zmags.com/publication/d160e5ab?page=40"> Our stories Fashion waits for no one Connecting </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 41" href="http://viewer.zmags.com/publication/d160e5ab?page=41"> Our stories Garment makers need reliable conne</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 42" href="http://viewer.zmags.com/publication/d160e5ab?page=42"> Our stories | Fashion waits for no one Conn</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 43" href="http://viewer.zmags.com/publication/d160e5ab?page=43"> Our stories 7.8% Myanmar’s forecasted economic g</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 44" href="http://viewer.zmags.com/publication/d160e5ab?page=44"> Our stories The right place at the right time </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 45" href="http://viewer.zmags.com/publication/d160e5ab?page=45"> Our stories I t was July when Cesar N</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 46" href="http://viewer.zmags.com/publication/d160e5ab?page=46"> Our stories </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 47" href="http://viewer.zmags.com/publication/d160e5ab?page=47"> Our stories Training beyond the textbook The Gr</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 48" href="http://viewer.zmags.com/publication/d160e5ab?page=48"> Our stories | Training beyond the textbook </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 49" href="http://viewer.zmags.com/publication/d160e5ab?page=49"> Our performance A closer look at the </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 50" href="http://viewer.zmags.com/publication/d160e5ab?page=50"> Our performance The Maersk Group A year in num</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 51" href="http://viewer.zmags.com/publication/d160e5ab?page=51"> Our performance A continued high lev</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 52" href="http://viewer.zmags.com/publication/d160e5ab?page=52"> Our performance The Maersk Group Disciplined c</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 53" href="http://viewer.zmags.com/publication/d160e5ab?page=53"> Our performance APM Terminals is </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 54" href="http://viewer.zmags.com/publication/d160e5ab?page=54"> Our performance The Maersk Group Five years of</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 55" href="http://viewer.zmags.com/publication/d160e5ab?page=55"> Our performance Balance sheet USD </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 56" href="http://viewer.zmags.com/publication/d160e5ab?page=56"> Our performance Maersk Line Ambitions in histo</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 57" href="http://viewer.zmags.com/publication/d160e5ab?page=57"> Our performance Investing in new capacity</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 58" href="http://viewer.zmags.com/publication/d160e5ab?page=58"> Our performance Maersk Oil Strong operational </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 59" href="http://viewer.zmags.com/publication/d160e5ab?page=59"> Our performance Finally, the lo</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 60" href="http://viewer.zmags.com/publication/d160e5ab?page=60"> Our performance APM Terminals Strong position </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 61" href="http://viewer.zmags.com/publication/d160e5ab?page=61"> Our performance Market shake-up Million T</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 62" href="http://viewer.zmags.com/publication/d160e5ab?page=62"> Our performance Maersk Drilling Good performan</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 63" href="http://viewer.zmags.com/publication/d160e5ab?page=63"> Our performance Maersk Voyager secured a </a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 64" href="http://viewer.zmags.com/publication/d160e5ab?page=64"> Our performance APM Shipping Services Deliveri</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 65" href="http://viewer.zmags.com/publication/d160e5ab?page=65"> Our performance APM Shipping</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 66" href="http://viewer.zmags.com/publication/d160e5ab?page=66"> Our stories Our people in action The yearly empl</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 67" href="http://viewer.zmags.com/publication/d160e5ab?page=67"> Our stories Katarina Aroca Flores Production Op</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 68" href="http://viewer.zmags.com/publication/d160e5ab?page=68"> Our business Stay up-to-date Financial cale</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 69" href="http://viewer.zmags.com/publication/d160e5ab?page=69"> Design and layout Radley Yeldar Print This publi</a> <a title="Maersk-Group-Annual-Magasine-2015-2016-UK page 70" href="http://viewer.zmags.com/publication/d160e5ab?page=70"> A.P. Møller - Mærsk A/S Esplanaden 50 DK–1098 Cop</a>