Maersk lifted its volume growth outlook after the Middle East conflict and fuel surcharges pushed freight rates higher, even as fuel prices fell, Bernstein notes. Analyst Alex Irving says the surge reflects both genuine cargo demand and firms pulling orders ahead of tariffs. Shares opened 3.7% higher at 16,470 kroner.

Airports of Thailand announced a plan to raise landing, parking and other fees, prompting CGS International to upgrade its earnings view. The firm lifted its FY 2027‑2028 EPS forecasts by up to 8.7% and raised the target price to 64.00 baht, while moving its rating to hold. The operator’s stock closed at 63.25 baht.

IATA reported global air‑cargo ton‑kilometers grew 6% in May, led by Africa’s 13.3% jump and North America’s 10.5% gain. The Middle East slipped 8.9% amid the war, but the association’s director general said the strong month fuels cautious optimism for the rest of the year.

Investors see mixed signals: Maersk’s higher rates boost near‑term revenue, yet new mega‑vessels risk future oversupply, while Thai airport fee hikes could lift profitability. The cargo surge adds a modest tailwind, but regional volatility may temper earnings momentum.