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PROPERTY AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2018
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

 

 

 

 

 

 

 

 

 

 

June 30, 

 

December 31, 

 

(In millions)

    

2018

    

2017

 

Cost:

 

 

 

 

 

 

 

Vessels

 

$

1,442.1

 

$

1,433.6

 

Containers and equipment

 

 

530.2

 

 

543.0

 

Terminal facilities and other property

 

 

65.9

 

 

64.8

 

Vessel construction in progress

 

 

543.4

 

 

376.6

 

Other construction in progress

 

 

35.8

 

 

26.2

 

Total Property and Equipment

 

 

2,617.4

 

 

2,444.2

 

Less: Accumulated Depreciation

 

 

(1,310.3)

 

 

(1,278.5)

 

Total Property and Equipment, net

 

$

1,307.1

 

$

1,165.7