Q4 2021 AP Moeller - Maersk A/S Earnings Call Transcript
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Good morning, everybody, and thank you all for listening in on our Earnings Call for the Fourth Quarter and Full Year of 2021. My name is Soren Skou. I am the CEO of A.P. Moller - Maersk. And today, I'm joined by Patrick Jany, our CFO; and CEO for Ocean & Logistics, Vincent Clerc, who will give some further insights and details on today's announced intended acquisition of Pilot Freight Services.
Before we get into the numbers, let me spend a few minutes looking back at -- on a year that was extremely in many ways due to the direct and indirect impact of COVID-19. During the year, it has been a cornerstone in our strategy to help and support our more than 100,000 customers, both large and small, around the world through these quite extreme market conditions. As part of that, we have within the Ocean increased the fleet capacity to 4.3 million TEU. We have added 300,000 FFE of
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