PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2021

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

4.          PROPERTY AND EQUIPMENT

Property and equipment as of June 30, 2021 and December 31, 2020 consisted of the following:

	June 30,		December 31,
(In millions)	2021		2020
Cost:
Vessels	$	2,218.1	$	2,191.6
Containers and equipment		584.2		572.3
Terminal facilities and other property		119.9		119.8
Construction in progress		47.8		28.6
Total Property and Equipment		2,970.0		2,912.3
Less: Accumulated Depreciation		(1,254.2)		(1,222.4)
Total Property and Equipment, net	$	1,715.8	$	1,689.9