| Summary of Movements in Property Plant and Equipment and Intangible Assets |
Movements in property, plant and equipment and intangible assets during the three months ended March 31, 2026 are outlined below:
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(in USD and thousands) |
River
Vessels &
Equipment |
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Ocean and
Expedition
Ships &
Equipment |
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River
Vessels
under
Construction |
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Ocean
Ships under
Construction |
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Land and
Other Fixed Assets |
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Intangible
Assets,
including
Goodwill |
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Total |
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Cost as of January 1, 2026 |
$ |
2,927,062 |
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$ |
5,099,693 |
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$ |
441,516 |
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$ |
522,851 |
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$ |
114,064 |
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$ |
184,744 |
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$ |
9,289,930 |
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Additions |
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22,290 |
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408,628 |
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75,737 |
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6,189 |
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3,363 |
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13,360 |
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529,567 |
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Disposals |
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(972 |
) |
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— |
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— |
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— |
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(229 |
) |
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(5,357 |
) |
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(6,558 |
) |
Reclassified between assets |
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41,535 |
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— |
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(41,535 |
) |
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— |
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— |
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— |
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— |
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Reclassification and other |
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— |
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537 |
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— |
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— |
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— |
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— |
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|
537 |
|
Effect of currency translation |
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(2,074 |
) |
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— |
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(283 |
) |
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— |
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(719 |
) |
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(15 |
) |
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(3,091 |
) |
Cost as of March 31, 2026 |
$ |
2,987,841 |
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|
$ |
5,508,858 |
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$ |
475,435 |
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$ |
529,040 |
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$ |
116,479 |
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$ |
192,732 |
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$ |
9,810,385 |
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Accumulated depreciation, amortization and impairment as of January 1, 2026 |
$ |
(1,143,408 |
) |
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$ |
(726,116 |
) |
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$ |
— |
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|
$ |
— |
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$ |
(67,323 |
) |
|
$ |
(97,999 |
) |
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$ |
(2,034,846 |
) |
Depreciation and amortization |
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(20,094 |
) |
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(38,661 |
) |
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— |
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— |
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(1,219 |
) |
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(7,473 |
) |
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(67,447 |
) |
Depreciation and amortization of disposals |
|
249 |
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— |
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— |
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— |
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224 |
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5,357 |
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5,830 |
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Reclassification and other |
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— |
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(537 |
) |
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— |
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— |
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— |
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— |
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(537 |
) |
Effect of currency translation |
|
733 |
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— |
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— |
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— |
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255 |
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15 |
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|
1,003 |
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Accumulated depreciation, amortization and impairment as of March 31, 2026 |
$ |
(1,162,520 |
) |
|
$ |
(765,314 |
) |
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$ |
— |
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$ |
— |
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$ |
(68,063 |
) |
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$ |
(100,100 |
) |
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$ |
(2,095,997 |
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Net book value |
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As of January 1, 2026 |
$ |
1,783,654 |
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$ |
4,373,577 |
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$ |
441,516 |
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$ |
522,851 |
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$ |
46,741 |
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$ |
86,745 |
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$ |
7,255,084 |
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As of March 31, 2026 |
$ |
1,825,321 |
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$ |
4,743,544 |
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$ |
475,435 |
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$ |
529,040 |
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$ |
48,416 |
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$ |
92,632 |
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$ |
7,714,388 |
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