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PROPERTY AND EQUIPMENT (Tables)
9 Months Ended
Sep. 30, 2017
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

(In millions)

    

2017

    

2016

 

Cost:

 

 

 

 

 

 

 

Vessels

 

$

1,430.8

 

$

1,416.1

 

Containers and equipment

 

 

543.2

 

 

536.9

 

Terminal facilities and other property

 

 

58.9

 

 

43.2

 

Vessel construction in progress

 

 

296.7

 

 

124.5

 

Other construction in progress

 

 

26.9

 

 

31.2

 

Total Property and Equipment

 

 

2,356.5

 

 

2,151.9

 

Less: Accumulated Deprecation

 

 

(1,257.3)

 

 

(1,202.7)

 

Total Property and Equipment, net

 

$

1,099.2

 

$

949.2