Together we make things happen Hilmir Svavarsson Key Account Manager Iceland Service

1. Together we make things happen Hilmir Svavarsson Key Account Manager Iceland Service

2. Samskip Facts • Established in 1990 with history back to 1940´s • 1.350 employees • 62 offices in 22 countries • 21.000 containers • 30 container vessels • 15 reefer and break-bulk vessels • Turnover 2004: EUR 266 million • Turnover 2005: EUR 566 million • Turnover 2006: EUR 682 million (expected)

3. Iceland Service

4. Iceland Service

5. Iceland Service – Supply Chain

6. UK fish supply • Iceland is UK´s biggest single fish supplier • Imports of seafood close to 80 thousand tons annually from Iceland UK Seafood Imports by country in kgs for 2006 for 11 month period. Source: www.uktradeinfo.com

7. Weather Impact • Two departures weekly from Iceland to UK & the Continent • Weather has a huge impact on the supply chain from Iceland to UK, especially in winter time • Delays in vessel´s arrival in Immingham has a direct impact on the fishing industry in Grimsby&Hull • Important to have understanding from port authorities when vessels can´t meet schedule

8. International Reefer Logistics

9. International Reefer Logistics

10. Containerized Reefer Transport • Global Knowledge – Local Expertise • Total Reefer Solutions • Conventional Transport • Reefer Container Transport • Discharging Services • Sanitary Check • Customs Clearance • Cold Storage and Stock Control • FCL & LCL Distribution

11. Immingham port • 70% of all seafood imported to the UK processed at either Grimsby or Hull (the Humber) • Historically containers shipped to Felixstowe and Southampton distance to the Humber 600 -700kms driving time 6 hours • UK’s domestic transport at a premium, reduction in the number of UK lorry drivers • Retailers challenged to reduce UK food miles due to carbon / CO2 emissions • Fuel costs at a record high

12. Together we make things happen