News / Maersk increases profit expectations 43%, but rivals are 'underwhelmed'

Maersk has upgraded its full-year earnings forecast by 43% and predicts the “exceptional market situation” will continue “well into the fourth quarter”.

However, one rival carrier contact told The Loadstar this morning he was “slightly underwhelmed”.

“I know it might seem crazy, but I was expecting something even better following the OOCL numbers last Friday,” he said.

In a trading update ahead of the release of its Q1 results next week, the Danish transport group reported an ebitda level of $3.1bn from revenues ...