Bullish Wan Hai, unfazed by US port fees, reports record profits
Wan Hai Lines GM Tommy Hsieh is positive about achieving higher transpacific contract rates this ...
Photo: Maersk
AP Møller-Maersk has raised its full-year earnings guidance amid “strong container market demand”.
The Danish carrier said “on the back of strong third-quarter results combined with strong container market demand and the continuation of the Red Sea situation” it has upped its full-year ebitda forecast to between $11bn and $11.5bn.
This is up from its previous estimate of between $9bn and $11bn.
Maersk also raised its predicted ebit to sit between $5.2bn-$5.7bn from $3bn-$5bn.
Its free cash flow is expected to ...
Comment on this article