Maersk's Resilience Amid Global Trade Shifts

Maersk raised its profit forecast as global container demand remained strong despite tariffs. CEO Vincent Clerc noted stable demand due to increasing Chinese shipments to Europe and other regions. The company expects EBITDA of $8-$9.5 billion, surpassing analysts' predictions despite geopolitical uncertainties.

Shipping giant Maersk has adjusted its full-year profit forecast upwards, showcasing resilience in the face of global trade uncertainties. Despite initial fears of adverse impacts from tariffs, rising demand for global container shipping has driven Maersk's optimism.

The Danish company, often seen as a trade indicator, now anticipates global container volumes to grow by 2% to 4% this year, revising its previous estimates. This adjustment reflects robust shipments into Europe and beyond, partly due to China's expanding economic role.

CEO Vincent Clerc emphasized that while U.S. tariffs initially dampened trade, other regions' demand more than compensated, underscoring Maersk's adaptability. The company's shares have benefited, with underlying earnings reaching above analysts' expectations.

(With inputs from agencies.)