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Maersk Boosts Earnings Guidance Amid Higher Freight

Wall Street Journal US Business •
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The ocean unit saw a 23% jump in revenue, driven by higher freight rates and volume growth. Danish shipping group A.P. Moller-Maersk raised its full‑year guidance on the back of these results and improved visibility for the rest of the year, despite the conflict in the Middle East.

Maersk now targets underlying earnings before interest, taxes, depreciation and amortization (EBITDA) of between $10.5 billion and $12.5 billion, up from the previous $8 billion to $10 billion range. It also lifted its guidance for underlying earnings before interest and taxes (EBIT) to $4.5 billion–$6.5 billion, versus $2 billion–$4 billion.

The improved outlook is based on stronger second‑quarter results and a forecast of roughly 4% growth in the global container market in 2026. Maersk’s updated targets reflect higher freight rates, volume gains, and confidence in continued market expansion.

Overall, the company signals optimism about the shipping sector’s trajectory, with earnings growth expected to outpace earlier expectations and support a stronger financial outlook for the year.