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Maersk Raises Guidance Again
Maersk Raises Guidance Again as Red Sea Attacks Boost Rates
A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply chain disruptions from the attacks in the Red Sea.
Maersk Boosts Guidance Again Amid Red Sea Disruption
The world’s second-biggest liner raised its outlook for the fourth time this year after posting a surge in revenue and underlying earnings on strong freight demand and tight capacity.
Maersk hikes guidance for fourth time in six months as Red Sea attacks lift rates
Shipping giant A.P. Moller-Maersk (AMKBF) raises profit guidance for full year, citing strong Q3 results and continued disruptions in the Red Sea.
Maersk lifts earnings forecast to as high as $11.5bn on Red Sea disruption impacts
AP Moller-Maersk has again upgraded its profits guidance after a strong third quarter and the impact of the Red Sea crisis. It expects underlying Ebitda of between $11bn and $11.5bn for the full year, up from a previous forecast of between $9bn and $11bn, according to a trading update today.
Maersk Raises View Again as Strong Performance, Red Sea Disruptions Continue
The world’s second-biggest liner said it now expects underlying earnings before interest, taxes, depreciation and amortization between $11 billion and $11.5 billion, up from a prior forecast from $9 billion to $11 billion.
Red Sea attacks lead global trade bellwether Maersk to warn of higher rates
A.P. Moller-Maersk A/S increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply chain disruptions from the attacks in the Red Sea.
TradeWinds
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Crude exports rise at Saudi VLCC port on Red Sea as pipeline volumes dodge Houthi treat
Exports of crude from the Saudi port of Yanbu are surging as the kingdom uses pipeline volumes to avoid Houthi attacks on ...
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on MSN
Maersk Raises Profit Outlook
Danish shipping group A.P. Moller-Maersk said on Monday it had raised its full-year forecasts on the back of strong third ...
trans
23h
Maersk raises full-year financial outlook for the fourth time
Additionally, Maersk increased its forecast for global container market volume growth to approximately 6% for 2024, up from ...
Transport Topics
15d
Maersk, Hapag-Lloyd Expect Red Sea to Be Unsafe Into 2025
On Oct. 9,
Maersk
said they decided on the long route due to “continued safety concerns” along the shorter transit. Houthi attacks in the
Red
Sea
have since late last year forced container ...
3d
Maersk raises profit outlook on strong market
Danish shipping group A.P. Moller-Maersk said on Monday it had raised its full-year profit, revenue and cash flow forecasts ...
trans
14d
Gemini Cooperation opts for Cape of Good Hope route as Red Sea crisis continues
Shipping giants Maersk and Hapag-Lloyd have confirmed that their newly-formed “Gemini Cooperation” alliance will bypass the ...
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