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Maersk Raises Guidance Again
Maersk Raises Guidance Again as Red Sea Attacks Boost Rates
A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply chain disruptions from the attacks in the Red Sea.
Maersk Boosts Guidance Again Amid Red Sea Disruption
The world’s second-biggest liner raised its outlook for the fourth time this year after posting a surge in revenue and underlying earnings on strong freight demand and tight capacity.
Red Sea attacks lead global trade bellwether Maersk to warn of higher rates
A.P. Moller-Maersk A/S increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply chain disruptions from the attacks in the Red Sea.
Maersk hikes guidance for fourth time in six months as Red Sea attacks lift rates
Shipping giant A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) +4.8% in Monday's trading after again raising its guidance for full-year profit, citing positive Q3 results as well as strong container market demand and continued disruptions in the Red Sea.
Maersk Raises View Again as Strong Performance, Red Sea Disruptions Continue
The world’s second-biggest liner said it now expects underlying earnings before interest, taxes, depreciation and amortization between $11 billion and $11.5 billion, up from a prior forecast from $9 billion to $11 billion.
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1d
Maersk raises full-year financial outlook for the fourth time
Additionally, Maersk increased its forecast for global container market volume growth to approximately 6% for 2024, up from ...
1d
Strong ocean container market boosts Maersk guidance
Strong third-quarter volumes have the world’s second-largest ocean container line upgrading its forecast for higher full-year ...
TradeWinds
2d
Maersk shares defy wider stock market pressure after ‘robust’ profit forecast
AP Moller-Maersk shares found upward momentum this morning after the liner giant lifted its full-year profit guidance. It ...
Marine Link
4d
Hapag-Lloyd, Maersk Cooperation Targets 90% Service Reliability
The two people leading Hapag-Lloyd and Maersk into the new Gemini Cooperation spoke at the Xeneta Summit in Amsterdam last ...
3d
Maersk raises profit outlook on strong market
Danish shipping group A.P. Moller-Maersk said on Monday it had raised its full-year profit, revenue and cash flow forecasts ...
8d
‘Havoc is Going to Start’ When Ocean Carriers Return to Suez Canal, Maersk Exec Says
Maersk and Hapag-Lloyd won’t return to the Suez Canal when the Gemini Cooperation launches Feb. 1, opting to sail via the ...
TradeWinds
3d
Maersk-chartered Costamare ship sails towards Dubai with no sign of claimed Houthi attack
Incident appears to be among many in which Houthis claimed an operation beyond Red Sea and Gulf of Aden that has proved ...
7d
UBS downgrades A.P. Moeller Maersk A/S (0O77) to a Hold
UBS analyst Cristian Nedelcu downgraded A.P. Moeller Maersk A/S (0O77 – Research Report) to a Hold today and set a price target of ...
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Red Sea
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