Public Private Partnership Discussion IFAC, Kansas City April 7, 2009

Maersk’s role in International Food Aid Core global carrier Significant US-Flag market share Not just an ocean business: Significant investments in US landside infrastructure Significant investment in foreign landside infrastructure

Maersk Sub-Sahara Presence First call in Africa in 1910 First Maersk Line call in 1958 Significant expansion in 1986 (Ivory Coast, Togo, Benin) Purchased Safmarine in 1998 Today, offices in 35 countries, 2,200 employees

Benin 8.8 million people Trade is key driver to future economic growth 2006 MCC grant of $306M  Benefit 5 million  Lift 250,000 out of poverty $170 million for Port of Cotonou

Key Challenges: High congestion Zoning limitations Delays in expansion of current facilities Upgrades and maintenance needed on current facilities

Port of Cotonou – Maersk Investments Terminal expansion Off-Dock facilities 2 mobile harbor cranes $28 million

Port of Cotonou - Expansion Project MCC Project Project starts now (March 2009) Double berths to 4000’ Extend breakwater 1000’ Landside improvements  Zoning  Lighting  Safety/Security $210 million

Lessons Learned Speed is relative; patience is required. Relationships at all points of contact are helpful and necessary. Efficient Landside Facilities Supply Chain Planning Food Security Thank You.