Maersk raises full-year EBITDA guidance to $4bn-$6bn due to strong container shipping demand.
Shipping giant Maersk raised its full-year profit guidance after reporting better-than-expected Q1 earnings, citing strong container shipping demand and vessel diversions around Africa. The company now expects its full-year EBITDA between $4bn-$6bn, up from $1bn-$6bn previously. Despite concerns about new vessels causing overcapacity, Maersk anticipates strong demand to continue most of the year.
May 02, 2024
6 Articles