News / Optimistic Maersk pumps up earnings forecast for the year by another $7bn

© Mariusz Bugno

Ahead of its second-quarter results announcement tomorrow, Maersk has upgraded its guidance for the full year by $7bn, reflecting higher-than-anticipated earnings, spurred by continued global supply chain disruptions.

Maersk has followed Hapag-Lloyd in upgrading its profit outlook again, as the hopes of shippers for any early return to some form of normalisation are dashed by port congestion and intermodal bottlenecks on the world’s tradelanes.

Maersk’s Q2 revenue was $21.7bn, compared with Q1 turnover of $19.3bn, for an ebitda of $10.3bn and an ...