From gCaptain, June 29:
Maersk Raises 2026 Earnings Outlook as Container Market Strength Continues
A.P. Moller-Maersk has sharply upgraded its financial guidance for 2026, citing stronger-than-expected demand in the global container shipping market and a sustained rise in spot freight rates, particularly on trades out of the Far East.
The Danish shipping giant now expects underlying EBITDA of $8 billion to $10 billion for the year, up from its previous forecast of $4.5 billion to $7 billion. Underlying EBIT is now projected at $2 billion to $4 billion, compared with prior guidance ranging from a $1.5 billion loss to a $1 billion profit.
Maersk also improved its free cash flow outlook, saying it now expects free cash flow of at least negative $1.5 billion, versus its previous guidance of at least negative $3 billion....
....MUCH MORE
Wow.
Here's the company, June 29:
https://investor.maersk.com/news-releases/news-release-details/upgrade-guidance-full-year-2026
