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PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2025
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

March 31, 

December 31, 

(In millions)

    

2025

    

2024

Cost:

Vessels

$

2,479.0

$

2,475.2

Containers and equipment

886.2

883.8

Terminal equipment and other property

152.5

152.3

New vessel construction in progress

265.5

198.8

Other construction in progress

53.9

42.6

Total Property and Equipment

3,837.1

3,752.7

Less: Accumulated Depreciation

(1,523.1)

(1,491.8)

Total Property and Equipment, net

$

2,314.0

$

2,260.9